Buffalo Wild Wings’ 3rd-Q profit jumps but fails to meet Street expectations

MINNEAPOLIS Buffalo Wild Wings Inc. reported a 21-percent spike in net income for the third quarter ended Sept. 30, to $4.3 million, or 24 cents per share, from $3.5 million, or 20 cents per share, in the year-ago period. However, that increase fell short of analysts’ average predictions of a 26-cents-per-share profit, as calculated by Thomson Financial. Some blamed high commodity costs, which they expect will persist in the fourth quarter.

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