Buffalo Wild Wings CEO hits back at activist investor and blames chain's problems on millennials (BWLD)

As Buffalo Wild Wings continues its power struggle with the activist investor Marcato Capital, CEO Sally Smith says the problem isn't the chain — it's the industry.
"Casual-dining restaurants face a uniquely challenging market today," Smith wrote in a letter to shareholders on Tuesday.
Smith outlined three of the biggest problems plaguing restaurants, and especially casual-dining chains, in 2017: changing customer tastes, slowing mall traffic, and declining sports viewership.
"Millennial c