Buffalo Wild Wings 3Q profit jumps 66.9%

Buffalo Wild Wings 3Q profit jumps 66.9%

Chicken wing prices lowest since fourth quarter of 2011

Buffalo Wild Wings Inc. reported a 66.9-percent increase in profit in the third quarter ended Sept. 29, the company said Tuesday. The 949-unit Minneapolis-based casual-dining chain also said the cost per pound of traditional chicken wings in the quarter was lower than last year, leading to the the lowest cost-of-sales percentage since the fourth quarter of 2011, at 30 percent.
 

NET INCOME

Result: $17.9 million, or 95 cents per share
% Increase: 66.9% (from $10.7 million, or 57 cents per share)

REVENUE

Result: $315.8 million
% Increase: 27.9% (from $246.9 million)

SAME-STORE SALES

% Increase at company-owned units: 4.8%


% Increase at franchised units: 3.9%


Source: Company report



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Buffalo Wild Wings' 2Q net income soars 41.4%
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Contact Ron Ruggless at [email protected].
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