- Buffalo Wild Wings (BWLD) reports same-store sales rose 6.5% at company-owned restaurants and gained 5.6% at franchised restaurant during Q4.
- Elevated chicken wing costs were a factor during the quarter.
- Average weekly sales +6.7% to $62.12K at company-owned restaurants.
- Average weekly sales +4.5% to $63.95K at franchised-owned outlets.
- Cost of sales ratio +80 bps to 30.6%.
- Labor costs ratio +110 bps to 31.1%.
- Store count: Company-owned restaurants +38 Q/Q to 491, franchised restaurants +3 to 591.
- Guidance: Through five weeks, Q1 comps are up over 11%.
- BWLD +1.0% AH to $182.09.