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Buffalo Wild Wings, Inc. Announces Second Quarter 2009 Results.

Publication: Business Wire
Publication Date: 27-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
- Same-store sales increases of 2.8% at company-owned and 3.7% at franchised restaurants -

- Earnings per diluted share increase of 25.8% to $0.39 -

MINNEAPOLIS -- Buffalo Wild Wings, Inc. (NASDAQ: BWLD), announced today financial results for the second quarter ended June 28, 2009. Highlights for the second quarter versus the same period a year ago were:

* Total revenue increased 32.4% to $129.6 million

* Company-owned restaurant sales grew 34.6% to $117.8 million

* Same-store sales increased 2.8% at company-owned restaurants and 3.7% at franchised restaurants

* Net earnings increased 24.2% to $7.0 million from $5.6 million, and earnings per diluted share increased 25.8% to $0.39 from $0.31

Sally Smith, President and Chief Executive Officer, commented, "We're very pleased with our ongoing success and the strong second quarter results. Our revenue growth of 32.4% produced impressive net earnings growth of 24.2% over the same period in the prior...

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