Diversified Restaurant Holdings Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Consumer Discretionary : Hotels, Restaurants & Leisure | Small Cap ValueCompany profile

Diversified Restaurant Holdings, Inc. (DRH) is a restaurant company. The Company is a franchisee of Buffalo Wild Wings (BWW).As of September 25, 2016, the Company operated 64 BWW restaurants, which are located in Michigan, Florida, Missouri, Illinois and Indiana. The BWW restaurants feature a range of menu items with a multimedia social environment, a bar and an open layout designed to create a dining experience for sports fans and families. Its guests have the option of watching various sporting events on projection screens or televisions. As of September 25, 2016, the BWW menu specialized in 21 sauces and seasonings with flavors ranging from Sweet BBQ to Blazin'. As of September 25, 2016, the restaurants offered 12 to 30 domestic and imported beers on tap, including several local or regional microbrews and a selection of bottled beer, wine and liquor.

Price
Delayed
$0.79
Day's Change
0.025 (3.27%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.88
Day's Low
0.77
Volume
(Above Average)

Today's volume of 11,901 shares is on pace to be greater than SAUC's 10-day average volume of 29,517 shares.

11,901

Apple's sales warning could hurt Best Buy analysts say, price target slashed

3:37 pm ET January 3, 2019 (MarketWatch)
Print

UBS slashed Best Buy Co Inc.'s (BBY) price target to $57 from $70 after news that Apple Inc. (AAPL) was cutting its sales forecast (http://www.marketwatch.com/story/apple-stock-sinks-as-wall-street-cuts-target-to-14-month-low-after-darkest-day-in-iphone-era-2019-01-03). Analysts think the consumer electronics retailer's earnings are closely tied to sales of Apple products. "While Apple noted that its shortfall mostly occurred in China, the announcement highlights the risk for Best Buy from the fortunes of its key vendor partners," UBS wrote. UBS estimates that Apple products account for 15% to 20% of Best Buy sales. Moreover, Apple products are now available on Amazon.com Inc. (AMZN) and at Costco Wholesale Corp. (COST). "Expanded distribution means that it will be harder for Best Buy to sustain its share gains," UBS said. Best Buy shares took a tumble a couple of weeks ago (http://www.marketwatch.com/story/best-buy-shares-fall-after-reports-of-sluggish-holiday-season-iphone-sales-2018-12-13) on reports of sluggish iPhone sales. The retailer's stock is down 1.7% in Thursday trading, and down 23% for the last year. The S&P 500 index is off 9.5% for the past 12 months.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 03, 2019 15:37 ET (20:37 GMT)

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