Buffalo Wild Wings shares tick higher as earnings meet Street view
Buffalo Wild Wings Inc. shares rose in the extended session Wednesday even after the chicken-wing franchise's revenue came in below Wall Street estimates for the quarter. Buffalo Wild Wings shares rose 3.2% to $139.40 after hours. The company reported third-quarter earnings of $1.23 a share on revenue of $494.2 million. Analysts surveyed by FactSet had forecast earnings of $1.23 a share on revenue of $501.1 million. For the year, the company forecast earnings of "slightly below the low end of the prior $5.65 to $5.85 range," while analysts expect $5.70 a share.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.