(BWLD) Buffalo Wild Wings – Total revenue was $121 million, a 33% increase
Buffalo Wild Wings, Inc. (BWLD) was originally featured as a Zacks Rank Buy in September and has just reported excellent quarterly results.
Company Description
Buffalo Wild Wings Incorporated owns and franchises restaurants in the United States. The company owns or franchises over 525 locations, which are known for the variety and innovative sauces. Buffalo Wild Wings is headquartered in Minneapolis, but was originally founded near The Ohio State University in 1982. The company has over 800 full-time employees and carries a market cap of almost $670 million.
Sales Up 4.5%
On Feb 11 Buffalo Wild Wings reported fourth-quarter earnings results that included a 4.5% increase in same-store sales. Total revenue was $121 million, a 33% increase.
Elevated sales and revenue generated $7.7 million in net earnings, up 29% from 6 million. Earnings per share came in at 43 cents, up from 34 cents on year ago and 4 cents higher than the consensus.
Estimates Rising
Current year estimates are now averaging $1.66, up from $1.58 7 days ago. The 2010 consensus is $2.08. If forecasts are met year-over-year growth will be 18% for 2009 and 25% for 2010.
The Chart
Shares of BWLD have jumped following the latest quarterly announcement. Take a look at the chart below.
Content Courtesy: Zacks Investment Research
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- (BWLD) – Buffalo Wild Wings – company reiterated its targets of 15% unit growth, 20% revenue growth, and a 25% increase in net earningsBuffalo Wild Wings, Inc. (BWLD) has been climbing steadily following a strong earnings report and...
- (BWLD) – Buffalo Wild Wings – company reiterated its targets of 15% unit growth, 20% revenue growth, and a 25% increase in net earningsBuffalo Wild Wings, Inc. (BWLD) has been climbing steadily following a strong earnings report and...
- (BWLD) – Buffalo Wild Wings – company reiterated its targets of 15% unit growth, 20% revenue growth, and a 25% increase in net earningsBuffalo Wild Wings, Inc. (BWLD) has been climbing steadily following a strong earnings report and...
- (BWLD) – Buffalo Wild Wings – company reiterated its targets of 15% unit growth, 20% revenue growth, and a 25% increase in net earningsBuffalo Wild Wings, Inc. (BWLD) has been climbing steadily following a strong earnings report and...
- (BWLD) – Buffalo Wild Wings – company reiterated its targets of 15% unit growth, 20% revenue growth, and a 25% increase in net earningsBuffalo Wild Wings, Inc. (BWLD) has been climbing steadily following a strong earnings report and...
- (BWLD) – Buffalo Wild Wings – company reiterated its targets of 15% unit growth, 20% revenue growth, and a 25% increase in net earningsBuffalo Wild Wings, Inc. (BWLD) has been climbing steadily following a strong earnings report and...
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