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Buffalo Wild Wings, Inc.

United States · NASDAQ: BWLD · Market cap: · P/E: · P/S:

Buffalo Wild Wings runs sports bars where people eat chicken wings, drink beer, and watch games on dozens of screens.

Buffalo Wild Wings is a chain of sports bars built around two things people love together: chicken wings and watching sports. You walk in, the walls are covered in televisions showing every game you could want, and the menu is full of wings tossed in a long list of sauces, plus burgers, beer, and snacks. It is a place to gather with friends on a Sunday afternoon, argue about a call, and stay for three hours.

The company makes money the way most restaurants do: customers pay for food and drinks, and the difference between what a meal costs to make and what it sells for is the profit. What makes Buffalo Wild Wings different from a plain burger joint is the "stadium" feel — the screens, the sauce varieties, and the casual, loud atmosphere keep people ordering another round. It also leans on big sporting events, when crowds come in and stay. The business has had a dramatic recent history. After years as a public company on NASDAQ under the ticker BWLD, it was bought in 2017 for about $2.9 billion by Roark Capital, a private equity firm that also owns Arby's and Jimmy John's-style restaurant brands. Roark later combined Buffalo Wild Wings with another chicken-wing chain, Rally's-related sandwich brand, under a holding company called Inspire Brands. Inspire also owns Dunkin' and Sonic, making it one of the largest restaurant operators in the country.


The chain's strengths are its recognizable brand, its sports-bar niche, and a loyal base of wing fans. Its weaknesses are the ones that hit all casual dining: rising labor and food costs, thin restaurant margins, and fickle customers who can just as easily order wings for delivery. The sports-bar model is fun, but it is not a business with fat profits — it is a volume game, and the company has to keep people coming back week after week.

Saved answer · last researched 6 Nov 2026