Buffalo Wild Wings ($BWLD) earnings Q1 2016

Buffalo Wild Wings [stckqut]BWLD[/stckqut] shares fell as much as 11% in after-hours trading on Tuesday after the company reported earnings that missed estimates pretty much across the board.

The fast-food chain posted adjusted earnings per share of $1.73, short of the forecast for $1.77, according to Bloomberg.

Revenues came in at $508.3 million, also missing the estimate for $530.8 million.

The company lowered its forecast for profits this year. It forecast full-year earnings per share in a range of $5.65 to $5.85, missing the projection for $6.10.

Same-store sales — at locations open for at least one year — also fell, by 1.7%.

Source: Buffalo Wild Wings earnings, Q1 – Business Insider

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