Buffalo Wild Wings Message Board

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Non-Tech : Buffalo Wild Wings

BWLD 156.95

0.0%

Feb 5 4:00 PM EST

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From: richardred	10/25/2006 10:07:53 AM
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Buffalo Wild Wings (BWLD - commentary - Cramer's Take - Rating) heated up after the Minneapolis, Minn.-based restaurant chain operator beat Wall Street's third-quarter expectations. The company earned $3.5 million, or 40 cents a share, up from $1.9 million, or 22 cents a share, a year ago. The 2005 quarter included an impairment charge of $622,000, or 4 cents a share. Revenue increased 32.1% to $68.3 million. Wall Street was looking for earnings of 31 cents a share on revenue of $64.9 million. Company-owned restaurant sales grew 32.5% to $60.8 million. Same-store sales increased 11.8% at company-owned restaurants and 6.4% at franchised restaurants. The company said its annual goals for the next three years are to expand its unit base by more than 15%, grow revenue by more than 20%, and leverage the growth to increase its bottom line by more than 25%. Shares were trading up $4.20, or 10.2%, to $45.50. thestreet.com

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