Buffalo Wild Wings (NASDAQ: BWLD) will expand to the Philippines with the announcement today that the company has signed a development agreement with one of the country’s premier restaurant operators to open restaurants later this year. The brand, built on wings, beer and sports, previously announced international expansion plans to Canada, Mexico and the Middle East.
“We are thrilled to continue our international expansion to the Philippines with The Bistro Group, and bring our wings, beer and exciting sports experience to even more Guests across the globe,” said Sally Smith, CEO and president of Buffalo Wild Wings. “The Philippines have passionate sports fans, who we believe will love the great atmosphere at Buffalo Wild Wings, as well as enjoy a menu filled with our classic hot fresh wings, and local favorites.”
Construction on restaurants is scheduled to begin this year, with restaurants planned for Makati City, and the Manila area.
“The Philippines is among the fastest growing economies in Asia, so it is a natural choice for Buffalo Wild Wings,” said Matt Brokl, vice president of International Development at Buffalo Wild Wings. “The economy is growing faster than China’s and with an expanding middle class, there is a lot of enthusiasm for casual dining. The exciting sports atmosphere of the restaurant will fit perfectly with sports fans in the Philippines.”
The company’s international push began in 2011 with restaurants in Canada, which have grown to include 13 locations. Last year Buffalo Wild Wings announced expansion into Mexico and the Middle East, where the company expects to open the first of those restaurants this year. The company continues to explore opportunities in markets across the world.
About Buffalo Wild Wings
Buffalo Wild Wings, Inc., founded in 1982 and headquartered in Minneapolis, is a growing owner, operator and franchisor of Buffalo Wild Wings® restaurants featuring a variety of boldly flavored, made-to-order menu items including its namesake Buffalo, New York-style chicken wings. The Buffalo Wild Wings menu specializes in 20 mouth-watering signature sauces and seasonings with flavor sensations ranging from Sweet BBQ™ to Blazin’®. Guests enjoy a welcoming neighborhood atmosphere that includes an extensive multi-media system for watching their favorite sporting events. Buffalo Wild Wings is the recipient of hundreds of "Best Wings" and "Best Sports Bar" awards from across the country. There are currently more than 940 Buffalo Wild Wings locations across 49 states in the United States, as well as in Canada.