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Buffalo Wild Wings Q1 Profit Rises - Quick Facts

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Restaurant operator Buffalo Wild Wings, Inc. (BWLD: Quote) 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."

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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