Buffalo Wild Wings Inc. (BWLD) on Tuesday reported profit that increased by 44 percent in its second quarter, and topped analysts' expectations.
The Minneapolis-based company said earnings rose to $23.7 million, or $1.25 per share, from $16.5 million, or 88 cents per share, in the same quarter a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for profit of $1.20 per share.
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The restaurant chain said revenue rose 20 percent to $366 million from $305 million in the same quarter a year earlier, and beat Wall Street forecasts. Analysts expected $361.1 million, according to Zacks.
Buffalo Wild Wings shares have risen $19.95, or 14 percent, to $167.15 since the beginning of the year. The stock has climbed $69.46, or 71 percent, in the last 12 months.
This story was generated automatically by Automated Insights (http://automatedinsights.com/ap ) using data from Zacks Investment Research. Full BWLD report: http://www.zacks.com/ap/BWLD
Keywords:Buffalo Wild Wings,Earnings Report