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Byline: Katharine Stalter
Buffalo Wild Wings broke out of a 6 1/2 month base in November. The stock ran up to a high of 41.70 in January after the company raised fourth-quarter guidance, citing strong same-store sales and a decline in chicken prices.
The firm, which is based in Minneapolis, operates about 300 Buffalo Wild Wings Grill & Bar restaurants in 31 states. This month it said fourth-quarter earnings came in at 30 cents per share, a 58% increase. This year the company plans to add 19 to 21 company-owned restaurants and 45 to 50 franchised units.
Analysts this month revised downward their earnings estimates for ...