Buffalo Wild Wings tumbles after missing big across the board
Shares of Buffalo Wild Wings fell by as much as 6% after the company's fourth-quarter report missed by a wide margin on both the top and bottom lines. The company's full-year 2017 earnings outlook was also well below expectations.
"The challenging restaurant environment continued in the fourth quarter and culminated with a difficult December," Buffalo Wild Wings President and Chief Executive Officer Sally Smith said in the earnings release.
Here's a look at the key numbers:
- EPS $0.87 ($1.26 expected)
- Revenue $494.2 million ($513.7 million expected)
- Comp sales at company-owned restaurants -4.0% (-1.7% expected)
- Full-year 2017 EPS Guidance $5.60 to $6.00 ($6.47 expected)