Buffalo Wild Wings Second Quarter Earnings Sneak Peek

Buffalo Wild Wings (NASDAQ:BWLD) will unveil its latest earnings on Tuesday, July 26, 2011. Buffalo Wild Wings, Inc. is an owner, operator and franchiser of restaurants featuring a variety of boldly-flavored, cravable menu items. Chipotle Mexican Grill, Inc. Earnings Cheat Sheet: Falling Short of Estimates>>

Buffalo Wild Wings Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 60 cents per share, a rise of 20% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 55 cents. Between one and three months ago, the average estimate moved up, and has risen from 58 cents during the last month. For the year, analysts are projecting profit of $2.67 per share, a rise of 27.1% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 8 cents, reporting net income of 81 cents per share against a mean estimate of profit of 73 cents per share.

Savvy Investing Tip: Our CHEAT SHEET investing framework recommends only stocks with two straight quarters of earnings growth. Learn More >>

Wall St. Revenue Expectations: On average, analysts predict $176.7 million in revenue this quarter, a rise of 21.3% from the year ago quarter. Analysts are forecasting total revenue of $745.9 million for the year, a rise of 21.6% from last year’s revenue of $613.3 million.

Analyst Ratings: Analysts seem relatively indifferent about Buffalo Wild Wings with nine of 16 analysts surveyed maintaining a hold rating.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 14.8%, with the biggest boost coming in the most recent quarter when revenue rose 19.6% from the year earlier quarter.

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 40.7% while it rose 22% in the fourth quarter of the last fiscal year and 23.7% in the third quarter of the last fiscal year.

Competitors to Watch: Landry’s Restaurants, Inc (LNY), Ark Restaurants Corp. (NASDAQ:ARKR), Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB), Brinker Intl., Inc. (NYSE:EAT), O’Charley’s Inc. (NASDAQ:CHUX), Flanigan’s Enterprises, Inc. (AMEX:BDL), California Pizza Kitchen, Inc. (NASDAQ:CPKI), BJ’s Restaurants, Inc. (NASDAQ:BJRI), Benihana Inc. (NASDAQ:BNHNA), and P.F. Chang’s China Bistro (NASDAQ:PFCB).

Stock Price Performance: During April 21, 2011 to July 19, 2011, the stock price had risen $9.20 (15.3%) from $60.11 to $69.31. The stock price saw one of its best stretches over the last year between March 22, 2011 and March 30, 2011 when shares rose for seven-straight days, rising 6.8% (+$3.54) over that span. It saw one of its worst periods between June 2, 2011 and June 10, 2011 when shares fell for seven-straight days, falling 6.9% (-$4.20) over that span. Shares are up $25.46 (+58.1%) year to date.

(Source: Xignite Financials)

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