Buffalo Wild Wings Profit Tops Estimates; Stock Up 10%

(RTTNews) - Restaurant operator Buffalo Wild Wings Inc. (BWLD) Tuesday reported third-quarter net income of $18 million or $0.95 per share compared with $11 million or $0.57 per share last year.

Revenues for the quarter were up 28% at $316 million compared with $247 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.85 per share on revenues of $311.60 million for the quarter. Analysts' estimates typically exclude special items.

Same-store sales increased 4.8% at company-owned restaurants and 3.9% at franchised restaurants.

Moving forward, the company said prospects appear bright, with buoyant store openings in the anvil.

The company's stock closed Tuesday at $129.51, up $3.15 or 2.49%, on a volume of 858 thousand shares on the Nasdaq. In after hours, the stock gained $14.24 or 11.00% at $143.75. In the past year, the share has traded in the range of $69.72 - $129.81.