Buffalo Wild Wings beats analysts’ EPS estimates

Wild buffalo wings (SIN: BWLD) reported earnings on April 24. Here are the numbers you need to know.

The 10-Second Takeaway
For the quarter ended March 25 (Q1), Buffalo Wild Wings met revenue expectations and exceeded earnings per share expectations.

Compared to the prior year quarter, revenue improved significantly and GAAP earnings per share increased significantly.

Margins have contracted at all levels.

Income details
Buffalo Wild Wings reported revenue of $251.1 million. The 15 analysts surveyed by S&P Capital IQ expected revenue of $252.1 million on the same basis. GAAP-reported sales were 38% higher than the year-ago quarter’s $182.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS stood at $0.98. All 14 earnings estimates compiled by S&P Capital IQ called for $0.95 per share. GAAP EPS of $0.98 for the first quarter was 21% higher than the year-ago quarter’s $0.81 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin Details
For the quarter, gross margin was 25.9%, 280 basis points lower than the year-ago quarter. Operating margin was 11.0%, 140 basis points lower than the prior-year quarter. Net margin was 7.3%, 90 basis points lower than the year-ago quarter.

Looking forward
The average revenue estimate for the next quarter is $243.7 million. Ultimately, the average EPS estimate is $0.66.

The average revenue estimate for next year is $1.05 billion. The average EPS estimate is $3.29.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 4,385 out of 4,705 members rating the stock Outperform and 320 members rating it Underperform. Of the 1,674 CAPS All-Star picks (recommendations from top-ranked CAPS members), 1,624 give Buffalo Wild Wings a green thumbs down and 50 a red thumbs down.

Among Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Buffalo Wild Wings is the same, with an average price target of $87.

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At the time of publishing this article Seth Jayson did not hold a position with any of the companies mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofHidden Gems from Motley Fool, which delivers new small-cap ideas every month, backed by a real money portfolio. The Motley Fool owns shares of Buffalo Wild Wings. Motley Fool newsletter services recommended buying shares of Buffalo Wild Wings. Motley Fool Newsletter Services recommended writing covered calls on Buffalo Wild Wings. Try one of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a broad range of viewpoints makes us better investors. The Motley Fool has a disclosure policy.

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