Shares of Buffalo Wild Wings Inc. (BWLD) rose 11% to $26.05 in after-hours trading Tuesday after the restaurant chain operator reported fourth-quarter earnings that beat analysts' estimates.
The Minneapolis company said its fourth-quarter net income fell to $6.01 million, or 34 cents a share, from $6.8 million, or 38 cents a share, a year earlier. The company said its revenue increased 9.7% to $91.4 million from $83.3 million.
Analysts polled by Thomson Financial had expected, on average, earnings of 31 cents a share on revenue of $92 million.
Buffalo Wild Wings also said it expects company-owned, same-store sales increase of 4.1% for the first quarter and franchise, same-store sales growth of 1.3%, and believes a 25% net income growth target is in reach.
Makes me hungry. Anyone know where one of these are around here???
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