iBankCoin
Joined Nov 11, 2007
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Flash:Buffalo Wild Wings misses by $0.03, beats on revs

Reports Q2 (Jun) earnings of $0.58 per share, $0.03 worse than the Capital IQ Consensus Estimate of $0.61; revenues rose 26.4% year/year to $184.1 mln vs the $176.6 mln consensus. Co states, “… In the second half of 2011, we expect to open 29 company-owned restaurants in the United States and three in Canada and our franchisees should open about 37 locations, attaining our 13% unit growth goal for the year. Our net earnings growth for the first half of 2011 is over 29%, exceeding our stated annual goal of over 18% growth. With the strength of our bottom-line performance to date, the NFL season intact, and continuing same-store sales momentum, we should achieve net earnings growth of more than 20% for the year.”

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