Restaurant operator Buffalo Wild Wings, Inc. (BWLD) reported first-quarter net earnings of $18.2 million or $0.98 per share, up from $14.9 million or $0.81 per share.
On average, 17 analysts polled by Thomson Reuters expected earnings of $0.95 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue for the quarter rose 37.9 percent to $251.1 million from $182.2 million a year ago.
Analysts expected revenues of $251.22 million for the quarter.
Sally Smith, president and CEO of the company, said, "With solid first quarter results, ongoing same-store sales strength, the benefit of a 53rd week, and expense leveraging, we believe we will achieve our net earnings growth goal of 20 percent for 2012."
by RTT Staff Writer
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