Buffalo Wild Wings reports hot 4Q

The sauces are not the only thing hot at Buffalo Wild Wings.  $BWLD soared this week on better than expected earnings.  Net income rose to $13.6 million, or 73 cents per share, for the quarter that ended Dec. 31 versus $10.2 million, or 55 cents per share, in the same quarter last year.  Total revenue jumped 34.5 percent to $220.5 million.  The results beat analyst expectations of 67 cents per share on revenue of $210.2 million, according to FactSet.


BWW is seeing increased growth now only in new store openings but exiting locations as well.  Revenue from its stores open at least a year, considered a key measure as it strips away the impact of newly opened or closed sites, rose 8.9 percent for the quarter at company-owned sites and 5.9 percent at franchised locations.  Weather has played a possible helpful hand in this revenue increase with milder temp's and less snow across much of the country.


I know Cramer at CNBC has been a huge supporter of this name for the past year.  Below is his discussion with Sally Smith, CEO at BWW this week on Mad Money





We currently own call options in BWLD in the fund which expire this June and are up almost 250%.  As long as people have jobs and are spending money this is still a good name to own but I would wait for a pull back for a better entry point if a pull back even happens.