Buffalo Wild Wings Bests Street 3Q Forecasts

Earnings Associated Press

Buffalo Wild Wings Inc. (BWLD) on Monday reported earnings of $21.8 million in its third quarter.

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On a per-share basis, the Minneapolis-based company said it had profit of $1.14.

The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The restaurant chain posted revenue of $373.5 million in the period, which also topped Street forecasts. Analysts expected $371 million, according to Zacks.

Buffalo Wild Wings shares have fallen 9 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $133.82, a rise of 7 percent in the last 12 months.