BWLD  Buffalo Wild Wings Inc.

Exchange

NASDAQ

Sector

Consumer Services

Industry

Restaurants

Market Cap.

1.782B

Competitive Industry over the past 10 years

BWLD is likely operating in an industry with medium to low barriers to entry. This may mean that BWLD doesn't have a characteristic that's hard to replicate, such as exclusive distribution, branding or the ability to keep costs low. If Gross Margins are at least satisfactory, it's likely that BWLD invests heavily in R&D and Sales, General & Administrative expenses.

Only $5.05 of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Net Income 3.08M 3.58M 7.20M 8.88M 16.27M 19.65M 24.44M 30.67M 38.40M 50.43M
divided by
Revenue 96.11M 126.50M 171.05M 209.70M 278.18M 329.65M 422.42M 538.92M 613.26M 784.48M
Net Profit Margin 3.20% 2.83% 4.21% 4.23% 5.85% 5.96% 5.78% 5.69% 6.26% 6.43%

Inconsistent Gross Profit Margins over the past 10 years

BWLD has good gross profit margins, however inconsistency of these margins is a cause for concern. Look at reasons for this inconsistency to determine the likelihood of future sustainability.

$33.20 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Gross Profit 27.44M 33.09M 42.35M 51.64M 70.45M 83.84M 109.18M 135.99M 159.99M 784.48M
divided by
Revenue 96.11M 126.50M 171.05M 209.70M 278.18M 329.65M 422.42M 538.92M 613.26M 784.48M
Gross Margin 28.55% 26.16% 24.76% 24.62% 25.33% 25.43% 25.85% 25.23% 26.09% 100.00%

High Capital Intensity over the past 10 years

BWLD spends large amounts of capital buying new equipment or investing in new facilities to stay competitive. Over the long term, those costs may have to be fuelled by debt. Look at the growth of Shareholders' Equity to see if this strategy is having a positive or negative impact.

243.61% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Capital Expenditure - 10.74M 23.31M 21.95M 23.76M 41.36M 67.40M 73.75M 73.40M 130.13M
divided by
Net Income 3.08M 3.58M 7.20M 8.88M 16.27M 19.65M 24.44M 30.67M 38.40M 50.43M
Capital Expenditure Ratio - 299.72% 323.71% 247.15% 146.01% 210.44% 275.82% 240.45% 191.14% 258.06%