BUSINESS SUMMARY
Buffalo Wild Wings, Inc. engages in the ownership, operation, and franchising of restaurants in the United States. It offers chicken wings, boneless wings, chicken tenders, popcorn shrimp, hamburgers and sandwiches, wraps, Buffalito soft tacos, appetizers, and salads in restaurants. The company's restaurants serve domestic and imported beers on tap, including several local or regional micro-brews and a wide selection of bottled beers, wines, and liquor. As of December 25, 2005, Buffalo Wild Wings operated 122 company-owned restaurants and 248 franchised restaurants. The company was co-founded by Jim Disbrow and Scott Lowery in 1982. Buffalo Wild Wings is headquartered in Minneapolis, Minnesota.
Buffalo Wild Wings' Smoking Q4: Fool by Numbers
By Andy Cross
February 8, 2006
On Feb. 7, Buffalo Wild Wings (Nasdaq: BWLD) released Q4 2005 earnings for the period ended Dec. 25.
Total revenue grew 21% as restaurant sales exceeded $52 million.
The company reported diluted EPS of $0.30, but this includes $0.08 from an impairment charge related to an asset writedown of its Atlanta restaurants.
Excluding the impairment charge, operating margins grew 21%
Find your nearest location: this company is expanding ;) http://www.buffalowildwings.com/locations/index.asp
Did you happen to come across BWLD from a Motley Fool Hidden Gems article? I believe BWLD was mentioned in the November 2005 edition.
Defense stock continue trending up..... BWLD breaking out!! prints all-time high @ 42.20
-- Lots of cash
-- no debt
-- low float stock
-- most of all sky rocketing revenue ;)
BWLD could be the next "APPB" or "EAT" ;) :D
Defense Stock in UP & DOWN market --->BWLD
BWLD will make earnings CC tomorrow...
http://finance.yahoo.com/q?s=BWLD
Financial Statements, EXCELLENT.. ;)
BWLD will report earnings after market close (5:00PM)
http://www.fool.com/News/mft/2006/mft06042439.htm?source=eptyholnk303100&logvisit=y&npu=y
Another All-Time High @ 44.15
Buffalo Wild Wings, Inc. Announces First Quarter 2006 Results
Tuesday April 25, 4:01 pm ETÂ
Earnings Per Diluted Share Increase of 43% to $0.40
MINNEAPOLIS--(BUSINESS WIRE)--April 25, 2006--Buffalo Wild Wings, Inc. (Nasdaq:BWLD - News), announced today financial results for the first quarter ended March 26, 2006. Highlights for the first quarter versus the same period a year ago were:
Total revenue increased 26.5% to $64.3 million
Company-owned restaurant sales grew 26.7% to $57.1 million
Same-store sales increased 7.7% at company-owned restaurants and 6.7% at franchised restaurants
Earnings per diluted share increased 43% to $0.40 from $0.28
Sally Smith, President and Chief Executive Officer, commented, "We're off to a great start in 2006. Our revenue growth of 26.5% was driven by same-store sales of 7.7% for company-owned and 6.7% for franchised restaurants, as well as stronger new unit performance. This growth, combined with strong operating results, translated into earnings per diluted share of $0.40 in the first quarter, a 43% increase over prior year."
Total revenue, which includes company-owned restaurant sales and franchise royalties and fees, increased 26.5% to $64.3 million in the first quarter compared to $50.8 million in the first quarter of 2005. Company-owned restaurant sales for the quarter increased 26.7% to $57.1 million driven by a company-owned same-store sales increase of 7.7% and 18 more company-owned restaurants in operation at the end of first quarter 2006 relative to the same period in 2005. Franchise royalties and fees increased 25.3% to $7.2 million versus $5.7 million in the prior year. This increase was due to a franchised same-store sales increase of 6.7% and 48 more franchised restaurants at the end of the period versus a year ago.
Average weekly sales for company-owned restaurants were $35,857 for the first quarter of 2006 compared to $33,195 for the same quarter last year, an 8.0% increase. Franchised restaurants averaged $44,342 for the period versus $41,309 in the first quarter a year ago, a 7.3% increase.
For the first quarter, earnings per diluted share were $0.40, as compared to first quarter 2005 earnings per diluted share of $0.28.
Second Quarter 2006 Outlook
For the second quarter ending June 25, 2006, we expect total revenue of approximately $59 to $60 million, based on estimated same-store sales increases of 4 to 6% for company-owned and 3 to 5% for franchised restaurants, as well as the addition of five company-owned and twelve franchised restaurants. Earnings per diluted share for the second quarter are expected to range from $0.25 to $0.28. This is based on the previously-mentioned revenue assumptions, average chicken wing prices for the second quarter of $1.10 per pound, preopening costs of $1 million, and stock-based compensation expense of $700,000. Diluted weighted average shares outstanding are estimated at 8.8 million.
"In the second quarter, our focus is on continuing both same-store sales momentum and operational improvements over the prior year," commented Ms. Smith. "In the first quarter, we introduced our new menu, four new sauces, a new rib product, and our new Crave It! Combos(TM). We believe these exciting new choices, combined with our attention to hospitality and guest satisfaction, will drive revenue growth." Ms. Smith concluded, "We are committed to translating our revenue growth into strong bottom-line results
Quote from: Terliso on March 26, 2006, 09:51:47 PM
Defense stock continue trending up..... BWLD breaking out!! prints all-time high @ 42.20
-- Lots of cash
-- no debt
-- low float stock
-- most of all sky rocketing revenue ;)
BWLD could be the next "APPB" or "EAT" ;) :D
---SIX Months later----
BWLD soars to a new high, this is really a great LONG-TERM stock
Buffalo Wild Wings Soars to Year High
Wednesday October 25, 10:43 am ET
Buffalo Wild Wings Shares Rise to New Year High on Strong 3Q Earnings, Analyst Upgrade
NEW YORK (AP) -- Shares of Buffalo Wild Wings Inc. surged to a 52-week high on Wednesday, a day after the casual-dining restaurant chain posted third-quarter earnings and same-store sales as fiery as its hot sauce, prompting an analyst to upgrade the stock.
After the market closed on Wednesday, the Minneapolis company said third-quarter income jumped 88 percent to $3.5 million, or 40 cents a share. Revenue climbed 32 percent to $68.3 million.
Analysts polled by Thomson Financial had been expecting a profit of 31 cents per share.
Also in the quarter, same-store sales -- or sales in stores open at least one year, a widely used industry gauge of performance -- surged 11.8 percent at company-owned stores and 6.4 percent at franchised stores.
It was a "quarter to crow about," said RBC Capital Markets analyst Larry Miller in a research note on Wednesday.
He praised the company's same-store sales, which he expects to stay strong into 2007. He also noted the company affirmed its long-term unit growth of 15 percent, revenue growth of 20 percent and earnings growth of 25 percent.
"We think Buffalo Wild Wings' share offer a compelling relative value in a space where we see very little currently," he wrote, upgrading the company to "Outperform" from "Sector Perform."
He also raised his price target to $55 from $40, and his fourth-quarter earnings-per-share estimate to 49 cents from 41 cents. He lifted his 2006 earnings-per-share projection to $1.60 from $1.42, and his 2007 estimate to $1.99 from $1.77.
Jefferies & Co. analyst Donald Trott affirmed his "Buy" rating and also raised his price target to $57 from $44.
"Buffalo Wild Wings' improved company-operated restaurant margins, aggressive unit expansion, (and) national advertising are all powering rapid growth of the nation's leading chain of casual dining/sports bars," he wrote in a note on Wednesday.
Buffalo Wild shares soared, climbing $8.60, or 20.8 percent, to $49.90 during morning trading on the Nasdaq. Earlier in the session, the stock climbed to $50.43, eclipsing a previous 52-week high of $44.18 set in May.
Hopefully they will add more branch here in california (only one) :( :(
Quote from: Terliso on October 28, 2006, 02:49:38 AM
Hopefully they will add more branch here in california (only one) :( :(
Fous, have you ever taste the food of BWLD? I think they have a branch there in Eugene, Oregon ;)
Quote from: Terliso on October 28, 2006, 02:53:15 AM
Quote from: Terliso on October 28, 2006, 02:49:38 AM
Hopefully they will add more branch here in california (only one) :( :(
Fous, have you ever taste the food of BWLD? I think they have a branch there in Eugene, Oregon ;)
You had this called pretty well Terliso, what tipped you off to this company? I hadnt heard of it until Cramer talked about it the other night.
Fous, are you from Eugene? I drove through there once. Hard to forget it cause I saw a sign proclaiming it as "The Grass Seed Capital of the World". I had lunch near there on the interstate at a Dennys. Pretty scenery, really wide open plains and blue skies the day I drove through :)
Tokyopua, I was once a subscriber in fool.com, they got some good long-term picks there.
Financial Statement of this stock is pretty good you know, BWLD market cap according to yahoo is only 455million & Shares out. is about 9 million.
I'm back from school, I just want to update BWLD, a growth stock. ;) :D
Update 1-Buffalo Wild Wings Q4 earnings soar, backs '07 view
Feb 15 (Reuters) - Restaurant chain Buffalo Wild Wings Inc. (BWLD.O: Quote, Profile , Research) reported fourth-quarter earnings well ahead of Wall Street expectations, on strong comparable sales growth and an improved gross profit margin.
Shares of the company were up over 9.5 percent in late electronic trade, after closing at $49.98 on the Nasdaq Thursday.
"Same-store sales trends continued strong throughout the quarter, at 13.2 percent for company-owned and 6.5 percent for franchised restaurants," Chief Executive Sally Smith said in a statement.
The company also reported that total costs as a percentage of sales fell to 89.7 percent in the latest fourth quarter compared with 93.6 percent in the same period a year ago.
In its earnings call, the Minneapolis-based company also affirmed its expectations for 2007 earnings to grow by 25 percent. It said it was targeting earnings per share of $2.11.
According to Reuters Estimates, analysts on average expect the company to earn $1.94 a share, excluding items, in the period. For the fourth quarter, the operator of Buffalo Wild Wings Grill and Bar restaurants earned 77 cents a share compared with 30 cents a share a year earlier, while revenue grew 41.3 percent to $83.3 million.
Analysts were expecting it to earn 53 cents on revenue of $80.5 million. (Reporting by Savitha Kalyanaraman in Bangalore)
Blazing Hot Results at Buffalo Wild Wings
Shares of hot-wings purveyor and sports-bar operator Buffalo Wild Wings (Nasdaq: BWLD) are as red-hot as some of its sauces, having almost doubled since the lows they reached last summer. Even with the run-up, if growth continues the way the company is proposing, share performance will keep sizzling.
B-dubs, as the company is also known, reported fourth-quarter and year-end 2006 results yesterday after the market close. It's hard to find results as impressive as the fourth quarter's -- sales improved 41.3% and same-store sales at company-owned stores grew 13.2%. Franchised comps grew a mortal 6.5%, but the combination of an extra week during the quarter and favorable cost trends contributed to a 157% growth in diluted earnings.
Results for the year were also impressive. Total sales grew 33%, and diluted earnings advanced nearly 82%. Even better, B-dubs is generating enough internal capital to fund projected 15% unit growth over the next three years. It also expects 20% sales and 25% earnings growth over the same time frame. Only a handful of other food chains, such as P.F. Chang's (Nasdaq: PFCB), Kona Grill (Nasdaq: KONA), and Sonic (Nasdaq: SONC), are capable of matching that type of growth, but none compete in the currently popular chicken-wing-and-sports-bar realm.
At close to 30 times trailing earnings, Buffalo Wild Wings' stock is now being priced as if its stellar growth prospects are a forgone conclusion. Based on market capitalization, the company still qualifies as a small-cap stock, and a low store count means it has plenty of room to expand. I wouldn't count on results as strong as those just posted, and there will undoubtedly be speed bumps along the way, but the future still looks bright for B-dubs.
Hits new all-time high again for this Long-term stock. ;)
Buffalo Wild Wings Shares Rise
Monday April 2, 4:42 pm ET
Buffalo Wild Wings Shares Rise on Sanders Morris Harris Price Target Hike
NEW YORK (AP) -- Shares of chicken wing chain Buffalo Wild Wings Inc. hit a 52-week high Monday after a Sanders Morris Harris analyst raised his price target on the shares and predicted the company will record a strong first quarter.
Analyst Will Hamilton raised his price target to $72 from $64, noting the company's rising share price and history of positive earnings reports.
"Over the last seven months, Buffalo Wild Wings' earnings results, and subsequently its stock price, have been on a tear, each more than doubling during that period," he said in a note to investors.
Hamilton said investors may be in for another report in which the company beats Wall Street's expectations.
"The catalysts for a third consecutive surprise would likely be better-than-expected restaurant margins and top-line growth," he wrote.
Hamilton added that the company may have years of growth ahead.
"Despite its recent expansion, Buffalo Wild Wings still has the market opportunity to triple its current restaurant base of 435 units over the next eight to 10 years, in our opinion," he said. "Large markets like California, the Northeast, and the Northwest remain under-penetrated."
Buffalo Wild Wings shares rose $1.85, or 2.9 percent, to close at $65.55 the Nasdaq Stock Market. The shares hit a new high of $66.12 earlier in the day. The stock had traded between $30.83 and $64.18 during the past 52 weeks.
Smoking Q1 again...... ;)
UPDATE 1-Buffalo Wild Wings Q1 profit beats Wall Street view
May 1 (Reuters) - Restaurant chain Buffalo Wild Wings Inc. (BWLD.O: Quote, Profile , Research) reported first-quarter earnings above Wall Street view helped by same-store sales growth, and forecast over 25 percent rise in 2007 profit.
Shares of the company rose more than 5 percent in late electronic trade.
The Minneapolis-based company also said it expects over 20 percent revenue growth in 2007.
Same-store sales for the first quarter increased 8.7 percent at company-owned restaurants and 3.3 percent at franchised restaurants, Buffalo Wild Wings said in a statement.
The company reported net income of $5.5 million, or 63 cents a share, for the quarter, compared with net income of $3.5 million, or 40 cents a share, a year ago. Revenue rose 24.3 percent to $79.9 million.
Analysts on average were expecting earnings of 52 cents a share, on revenue of $78.5 million, according to Reuters Estimates.
Shares of the company rose to $68.30, after closing at $64.84 on the Nasdaq. (Reporting by Aditi Samajpati in Bangalore)
This great stock just kept rising. ;)
Buffalo Wild Wings to Buy 9 Franchises
Friday May 18, 8:45 am ET
Buffalo Wild Wings to Buy 9 Franchises, Sets 2-For-1 Stock Split
MINNEAPOLIS (AP) -- Buffalo Wild Wings Inc., operator of a namesake restaurant chain, said Friday it plans to buy for $26 million nine of its franchises in Las Vegas.
The company also plans a 2-for-1 stock split, paying in the form of a dividend on June 15 one share for each share held on June 1. The move doubles the number of shares outstanding, halving the price of each share, but does not change the company's market capitalization. The company had 8.8 million shares outstanding on May 15.
Stock splits are sometimes done to lower the price per share, making it more attractive to private investors. In electronic premarket trading, the stock rose $2.83, or 3.6 percent, to $82 after closing at $79.17 Thursday. It has more than tripled from its IPO price of $22.95 in November 2003.
Buffalo Wild Wings expects the purchase of the Las Vegas restaurants, from Bill Welter who has run them as franchises, to close in the fourth quarter. The company said there are 440 Buffalo Wild Wings locations in the United States.
http://www.youtube.com/v/l77jR5iwuL4
Out of the Gate: Buffalo Wild Wings
Monday May 21, 10:14 am ET
Buffalo Wild Wings Shares Continued Gaining on Franchise Buy, Stock Split
NEW YORK (AP) -- Shares of Buffalo Wild Wings Inc. added to last week's gains in morning trading Monday, touching an all-time high, on the restaurant chain's plans to buy some franchises in the Las Vegas area and split its stock two-for-one.
The Minneapolis-based company's shares gained 6 percent Friday after Buffalo Wild Wings said it plans to spend $26 million buying nine restaurants from franchisees in the Las Vegas market. These restaurants average weekly sales of more than $55,000, well exceeding the company average of $36,770 per store.
"Las Vegas is a great market for the Buffalo Wild Wings concept," said SMH Capital analyst Will Hamilton. "We like this acquisition and believe it is a good use of Buffalo Wild Wings' excess cash given the attractive market."
Morgan Keegan analyst Destin M. Tompkins estimated the acquired restaurants could add 8 cents to 10 cents per share in profit in 2008. Analysts polled by Thomson Financial forecast profit of $2.78 next year.
Hamilton said while the 2-for-1 stock split does nothing for the company's value, he believes it has boosted the stock. Some investors had sold the stock short, meaning they borrowed shares and sold them. With the stock rising, some of the short sellers were forced to exit their positions, he said.
Shares of Buffalo Wild Wings rose 91 cents to $84.82 in morning trading. The stock traded as high as $85.46, an all-time high.
Buffalo Wild Wings shares rise on 2Q report
Wednesday July 30, 12:18 pm ET
Buffalo Wild Wings shares jump after strong 2nd-quarter results, analyst upgrades stock
NEW YORK (AP) -- Shares of Buffalo Wild Wings Inc. jumped Wednesday after the restaurant operator reported soaring profit in the second quarter and an analyst upgraded the stock.
Shares rose $2.96, or 9.5 percent, to $34 in midday trading. Shares have traded in a 52-week range of $18.25 to $43.85.
The boost came after the company reported late Tuesday that its profit rose 46 percent in its second quarter, handily beating Wall Street estimates. The improvement mainly stemmed from a rise in same-store sales, or sales at stores open at least a year, and new restaurant openings.
Same-store sales is a key indicator of restaurant performance since it measures growth at existing locations rather than newly opened ones.
Robert W. Baird analyst David Tarantino upgraded the stock to "Outperform" from "Neutral" and increased his price target to $45 from $34.
In a note to investors, Tarantino said he expects "healthy trends" to continue in the second half of the year.
The analyst specifically noted the company's strong same-store sales, calling them "impressive in light of a difficult consumer spending backdrop related to high gasoline prices, softer consumer confidence, and a tough housing market."