Buffalo Wild Wings (BWLD) Sells Off After Disappointing Guidance

April 28, 2009 5:03 PM EDT
Buffalo Wild Wings (Nasdaq: BWLD) is selling off in the after-hours after it issued lower than expected guidance in its earnings release tonight. Buffalo Wild Wings, Inc. topped the Q1 EPS view by a penny and slightly exceeded the consensus revenue view. However, Buffalo Wild Wings expects its revenue to grow 25% in 2009 to $528 million which is below the consensus estimate of $541.6 million.

Buffalo Wild Wings said its Q2 same-store sales are up about 1.8% at company-owned restaurants and 3.6% at franchised.

Buffalo Wild Wings is trading down 10% in the after-hours to $38.70.

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