Buffalo Wild Wings (Nasdaq: BWLD ) reported earnings on July 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Buffalo Wild Wings met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly. GAAP earnings per share increased significantly.
Gross margins shrank, operating margins increased, net margins grew.
Buffalo Wild Wings logged revenue of $305.0 million. The 20 analysts polled by S&P Capital IQ wanted to see revenue of $304.4 million on the same basis. GAAP reported sales were 28% higher than the prior-year quarter's $238.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.88. The 20 earnings estimates compiled by S&P Capital IQ forecast $0.79 per share. GAAP EPS of $0.88 for Q2 were 42% higher than the prior-year quarter's $0.62 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 23.4%, 40 basis points worse than the prior-year quarter. Operating margin was 8.0%, 40 basis points better than the prior-year quarter. Net margin was 5.4%, 50 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $314.5 million. On the bottom line, the average EPS estimate is $0.84.
Next year's average estimate for revenue is $1.27 billion. The average EPS estimate is $3.62.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,440 members out of 4,748 rating the stock outperform, and 308 members rating it underperform. Among 1,631 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,591 give Buffalo Wild Wings a green thumbs-up, and 40 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Buffalo Wild Wings is outperform, with an average price target of $103.82.
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