Shares of Buffalo Wild Wings (NASDAQ: BWLD) rallied on Wednesday. The restaurant chain, after the market close on Tuesday handed stronger-than-expected fiscal third quarter results. Lower prices of chicken wings and strong sales growth both at company owned location and franchises owed restaurants bolstered the results. For the latest period, Buffalo Wild Wings posted earnings of 95 cents a share on revenue of $316 million, topping analysts’ expectation for earnings of 85 cents a share in revenue of $311 million. Same-store-sales at company owned locations rose 4.8% while at franchises owned location it increased 3.9%.
Tag: BWLD
Major Movers on July 16; KO, CTAS, MPC, BIDU, BWLD
Shares of the Coca Cola Company (NYSE: KO) fell about 2.90% in early trade as the soft drink giant disappointed with fiscal second quarter results. Coca Cola posted a net income of $2.68 billion or 59 cents a share compared to a profit of $2.79 billion or 61 cents a share, in the year-earlier quarter.
Continue reading Major Movers on July 16; KO, CTAS, MPC, BIDU, BWLD
Major Movers on April 30; PBI, AET, BWLD, HLF, HOT
Shares of Pitney Bowes Inc. (NYSE: PBI) tumbled about 17% by midday trade after the mail and document services provider handed lower-than-expected fiscal first quarter earnings and slashed its dividend. For the first quarter, Pitney Bowes reported adjusted earnings of 42 cents a share, missing analysts’ consensus estimate by 2 cents a share. The quarterly revenue was slashed to 18.75 cents a share from 37.5 cents a share, in the year earlier quarter.
Continue reading Major Movers on April 30; PBI, AET, BWLD, HLF, HOT
Buffalo Wild Wings Q1 Net Income Drop 10%, But Shares Gain as Revenue Beats Street’s Estimates (BWLD)
Restaurant chain, Buffalo Wild Wings Inc. (NASDAQ: BWLD) reported on Monday that fiscal first quarter income fell 10% due to higher wing costs; however shares gained about 1.20% in extended trading hours as revenue edged past Street’s estimates and same-store sales also rose.
Major Gainers and Losers in Mid-Day Trading on October 24; PNRA, BWLD, RFMD, GLW
Shares of Panera Bread Co. (NASDAQ: PNRA), a national bakery-café concept with 1,541 company-owned and franchise-owned bakery coffee locations in U.S. and Canada, are up sharply in trading today. At last check, PNRA shares were trading 6.88% higher at $171.37 on above average volume of 913,392. The stock hit an intra-day high of $172.08 in mid-day trading today.
Continue reading Major Gainers and Losers in Mid-Day Trading on October 24; PNRA, BWLD, RFMD, GLW