On Feb. 15, after the market close, hot-wings-and-sports-bar restaurateur Buffalo Wild Wings
- Total sales advanced a spicy 41.3%, as same-store sales spiked 13.2% at company-owned stores and 6.5% at franchised restaurants.
- Diluted earnings improved a mind-numbing 156.7%, even though $0.16 was due to a 14th week during the quarter. The rest was attributed to "favorable trends in cost of sales, labor and operating expenses, [and] a lower than anticipated tax rate."
- Management is projecting 15% unit growth, 20% revenue growth, and a 25% annual increase in earnings over each of the next three fiscal years. Not bad, not bad indeed.
(Figures in thousands, except per-share data)
Income Statement Highlights
Q4 2006 | Q4 2005 | Change | |
---|---|---|---|
Sales | $83,314 | $58,952 | 41.3% |
Net Profit | $6,799 | $2,618 | 159.7% |
EPS | $0.77 | $0.30 | 156.7% |
Diluted Shares | 8,839 | 8,711 | 1.5% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 | Q4 2005 | Change* | |
---|---|---|---|
Gross Margin | 73.00% | 72.60% | 0.40 |
Operating Margin | 10.30% | 6.37% | 3.93 |
Net Margin | 8.16% | 4.44% | 3.72 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q4 2006 | Q4 2005 | Change |
---|---|---|---|
Cash + ST Invest. | $64,585 | $52,404 | 23.2% |
Accounts Rec. | $6,141 | $4,431 | 38.6% |
Inventory | $1,767 | $1,502 | 17.6% |
Liabilities | Q4 2006 | Q4 2005 | Change |
---|---|---|---|
Accounts Payable | $5,874 | $6,628 | (11.4%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
FY 2006 | FY 2005 | Change | |
---|---|---|---|
Cash From Ops. | $33,031 | $24,618 | 34.2% |
Capital Expenditures | $23,760 | $21,865 | 8.7% |
Free Cash Flow | $9,271 | $2,753 | 236.8% |
Find out why Fools always follow the money.
Comparable companies:
- CBRL Group (Nasdaq: CBRL)
- Famous Dave's of America (Nasdaq: DAVE)
- Texas Roadhouse (Nasdaq: TXRH)
- Brinker International (NYSE: EAT)
- Darden Restaurants (NYSE: DRI)
Related Foolishness:
- Foolish Forecast: Wild Wings Over Buffalo
- Follow the Leader to Huge Returns
- Fool on Call: Spicy Wings Hit the Air
Buffalo Wild Wings is a Motley Fool Hidden Gems selection, and you can learn much more about it with a free 30-day trial subscription.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
Fool contributor Ryan Fuhrmann has no financial interest in any company mentioned. Feel free to email him with feedback or to discuss any companies mentioned further. The Fool's disclosure policy is well aware that buffalo don't have wings.