Buffalo Wild Wings Misses Q4 Views; Comps Rise 5.9%

Buffalo Wild Wings BWLD missed fourth-quarter expectations and reiterated its 2015 forecast.

The restaurant company changed hands recently at $190.50, up 5.6 percent.

Revenue increased 19.7 percent to $408.9 million, from $341.5 million last year.

Wall Street expected earnings of $1.11 on revenue of $409.2 million.

Chief Executive Sally J. Smith said the company "remains confident" that earnings will grow 18 percent in 2015.

The company posted 2014 earnings of $4.95 a share; Wall Street expects 2015 profit of $5.97 a share.

Same-store sales in the recent period grew of 5.9 percent at company-owned restaurants in the recent period, and by 5.1 percent at franchised locations.

Higher food and labor costs resulted in a 2.4 percent decline in fourth-quarter net earnings, which totaled $20.3 million, or $1.07 a share, compared with $20.8 million, or $1.10 a share a year earlier.