Buffalo Wild Wings misses 4Q net income expectations, tops revenue forecasts

StocksAssociated Press

Buffalo Wild Wings Inc. (BWLD) on Thursday reported fourth-quarter profit of $20.3 million.

The Minneapolis-based company said it had profit of $1.07 per share.

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The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.

The restaurant chain posted revenue of $408.9 million in the period, which topped Street forecasts. Analysts expected $405.4 million, according to Zacks.

For the year, the company reported profit of $94.1 million, or $4.95 per share. Revenue was reported as $1.52 billion.

Buffalo Wild Wings shares have decreased slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $180.29, an increase of 42 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BWLD at http://www.zacks.com/ap/BWLD

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Keywords: Buffalo Wild Wings, Earnings Report