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BRIEF-Buffalo Wild Wings mailed a letter from its three new independent directors to shareholders
May 2, 2017 / 1:01 PM / 3 months ago

BRIEF-Buffalo Wild Wings mailed a letter from its three new independent directors to shareholders

1 Min Read

May 2 (Reuters) - Buffalo Wild Wings Inc:

* Buffalo Wild Wings- mailed a letter from its three new independent directors to shareholders in connection with company's upcoming 2017 annual meeting

* Buffalo Wild Wings Inc- urges shareholders to vote "for" each of Buffalo Wild Wings' director nominees

* Buffalo Wild Wings - engaged consulting firm to assist in identifying cost savings opportunities within restaurants and at home office

* Buffalo Wild Wings Inc - expect to achieve $40 to $50 million in annualized cost savings by year-end 2018 and restaurant-level operating margins of 20pct

* Buffalo Wild Wings inc- in process of selling approximately 13pct of our owned restaurant units

* Buffalo Wild Wings Inc - in light of current operating environment, co has slowed pace of opening new domestic, full-sized restaurants Source text for Eikon: Further company coverage:

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