Buffalo Wild Wings Shares Fall More Than 10% On Earnings, Outlook
Buffalo Wild Wings Inc. shares fell in the extended session Tuesday after the chicken-wing chain's quarterly earnings and outlook fell below Wall Street estimates. Buffalo Wild Wings shares dropped 11% to $129.25 after hours. The company reported first-quarter earnings of $1.73 a share on revenue of $508.3 million. Analysts surveyed by FactSet had forecast earnings of $1.77 a share on revenue of $529.9 million. For the year, the company expects earnings of $5.65 to $5.85 a share, while analysts estimate $6.10 a share.
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