Costs, acquisition hurt Buffalo Wild Wings 3Q profits

Costs, acquisition hurt Buffalo Wild Wings 3Q profits

Net income fell 11.6 percent during the quarter

Buffalo Wild Wings Inc. said on Wednesday that its profits fell 11.6 percent in the third quarter ended Sept. 27, despite higher revenues, as a franchisee acquisition and higher costs took a toll on earnings.

The company said that net earnings fell to $19.2 million in the period, or $1 per share, from $21.8 million, or $1.14 per share in the same quarter a year ago.

Executives blamed a combination of higher costs and the acquisition of 41 franchised units in Texas, New

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