04.02.2014 22:13:02
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Buffalo Wild Wings Profit Up 25% - Quick Facts
(RTTNews) - Restaurants operator Buffalo Wild Wings Inc. (BWLD) Tuesday reported fourth-quarter net income of $21 million or $1.10 per share compared with $16.7 million or $0.89 per share last year.
Revenues for the quarter were up 12.4% at $341.5 million compared with $304 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $1.07 per share on revenues of $346.88 million for the quarter. Analysts' estimates typically exclude special items.
Same-store sales increased 5.2% at company-owned restaurants and 3.1% at franchised locations, the company said.
Looking ahead to fiscal 2014, the company continues to expect net earnings growth of 20%.
Same-store sales for the first five weeks of 2014 were 4.8% at company-owned restaurants and 2.1% at franchised locations compared to (0.2%) and 1.0%, respectively, last year.
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