Seeking Alpha

Strong traffic and lower chicken wing costs boost Buffalo Wild Wings

  • Buffalo Wild Wings (BWLD) reports same-store sales rose 6.6% in Q1 at its company-owned stores and 5.1% at franchised outlets.
  • Costs of sales were 440 bps lower than a year ago at 28.3% of revenue due to lower chicken wing costs and the transition to selling wings by portions instead of by number.
  • The company says same-store sales are tracking at 5.7% growth at company-owned stores and 4.4% at franchised locations in Q2.
  • BWLD +4.2% to $139.11
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Comments (1)
  • name999
    , contributor
    Comments (176) | Send Message
     
    The ER is very solid!

     

    EPS $1.49 Vs Avg. Est. of $1.34, beat by $0.15. 2013 Q1 EPS was $0.87

     

    Rev $367.9M Vs Avg. Est. of $362.96M, beat by $5M. 2013 Q1 Rev was $304.4M

     

    Ref:
    http://bit.ly/1itsgGI
    http://yhoo.it/1itsgGL
    28 Apr 2014, 04:22 PM Reply Like
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