Restaurant Finance Watch: Buffalo Wild Wings mitigates investors' concerns

Restaurant Finance Watch: Buffalo Wild Wings mitigates investors' concerns

NRN editor and restaurant finance expert Jonathan Maze breaks down what you should be watching in the industry this week. Connect with him on the latest finance trends and news at @jonathanmaze and [email protected] RELATED: • Buffalo Wild Wings 3Q net income rises 21.7% • Buffalo Wild Wings CEO details growth strategy • More restaurant finance news

Early this week, Buffalo Wild Wings reported a one-two punch of troublesome news. First, chicken wing prices have risen 30 percent since the third quarter ended in September, to $1.98 a pound. Second, rising minimum wages in many states are increasing labor costs.
 
Food and labor are restaurants’ two biggest concerns. And yet investors blew those concerns off to give the chain its best post-earnings trading day since the fourth quarter of 2011,

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