Buffalo Wild Wings Just Had One of the Most Brutal Earnings Releases Ever

Buffalo Wild Wings misses on the top and bottom lines in its fourth quarter. Higher wing prices certainly did not help.
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The struggles at B-Dubs continues. Buffalo Wild Wings (BWLD) posted earnings of $0.87 a share on revenue of $494.2 million on Tuesday. Analysts were looking for $1.27 a share on sales of $514.3 million. Shares fell about 5% to $142.50 in after-hours trading.

The stunning earnings whiff and pressured same-store sales will likely strengthen the hand of activist firm Marcato Capital. Recently, Marcato -- which has a 5.2% stake in Buffalo Wings -- nominated four members to the wing chain's board, citing a lack of management execution and board experience.