HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11723 Location: Los Angeles, California
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Posted: Wed Apr 27, 2005 7:51 am Post subject: BWLD (Buffalo Wild Wings) |
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One of Motley Fool's "Hidden Gems" top picks, BWLD, getting hammered this morning after it reported earnings last night. Stock is down 10% as I am typing this.
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MarketWatch
Market Pulse: Buffalo Wild Wings quarterly profit rises
Tuesday April 26, 5:55 pm ET
By Jennifer Inez Ward
SAN FRANCISCO (MarketWatch) -- Buffalo Wild Wings Inc. said its first-quarter profit rose to $2.5 million, or 28 cents a share, from $2.3 million, or 27 cents a share, a year ago. Revenue was $50.8 million vs. $40.2 million a year earlier. Same-store sales at company-owned restaurants rose 6.1% in the quarter. The Minneapolis-based restaurant chain said it expects second-quarter earnings of 15 cents to 17 cents a share on revenue of $48 million to $49 million. Same-store sales are expected to increase between 2% and 4% at company-owned restaurants in the second quarter, the company said. For 2005, the company said it expects revenue of about $215 million to $220 million. Same-store sales are expected to increase 4% to 5% at company-owned restaurants for the year, the company said. |
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