Skip to main content

Buffalo Wild Wings to change wing portions, launch new beer

  • Author:
  • Updated:
    Original:

Surging chicken prices took a bit out of Buffalo Wild Wings profits in the first-quarter. The Golden Valley-based grill and bar chain posted a net income of $16.3 million, down 10 percent from $18.2 million during the same three month period a year earlier, the Associated Press reports.

Revenue totaled $304.4 million, up 21 percent from $251.1 million a year ago.

"We continued investing capital and labor for our future success, even though we faced the challenge of high wing costs and fluctuating wing yields," President and CEO Sally Smith said in a news release. "We're excited about our Guest Experience business model as it further enhances our brand and we've seen this strategy build incremental sales. In the first quarter, this model incurred higher labor costs than we had last year when it was not in place. We continue to refine this already strong model for operating our restaurants."

Buffalo Wild Wings will begin selling wings based on weight instead of the number at all its restaurants this summer, according to the Star Tribune. The company has already been testing the new portioning in about 40 markets.

"Our new servings will allow us to serve a consistent portion of chicken to our guests when the size of wings fluctuates," Smith said during the company's earnings call with analysts.

The Business Journal says Buffalo Wild Wings is also teaming up with craft brewer Red Hook to launch its own in-house premium beer, called Game Changer.

Smith said, "The thought is that we can price this somewhere between domestic and imported draft beer with probably similar margins to our domestic draft beer."

Click here, to follow Buffalo Wild Wings' stock performance.

Next Up

St. Louis County

St. Louis County set to declare state of emergency ahead of peak flood levels

Volunteers are urgently needed for sandbagging efforts in a small community near Voyageurs National Park.

Screen Shot 2022-05-16 at 5.03.30 PM

Brothers Bar & Grill closes in downtown Minneapolis

The Midwest chain closed its St. Cloud location in 2018.

Ken Jeong

Licensed physician Ken Jeong to do standup in MN this September

The licensed physician will take the stage at Treasure Island Resort and Casino on Sept. 30.

Osseo Police Department

Osseo PD says officer did not pursue suspect who caused fatal crash

The crash happened in Brooklyn Park early Sunday morning.

221 Main Street. E. Albert Lea

Suspect arrested after 3 family members stabbed in Albert Lea

The three victims are related, according to police.

wastewater

Evidence that omicron strains BA.4 and BA.5 are in Minnesota

The European CDC has warned of a possible significant summer surge fueled by the omicron subvariants.

driving unsplash - crop

Hastings man charged for driving drunk with 2-year-old in vehicle

Matthew Quade's BAC was almost five times over the legal limit when police pulled him over last week.

police lights

Arrest made after person shot at Hopkins apartment building

Police say this was an isolated incident and that the victim and suspect knew each other.

covid

BA.2.12.1 omicron subvariant quickly becoming dominant in MN

Experts say the subvariant is more transmissible but there is not evidence to suggest it causes more severe disease.

Related

Buffalo Wild Wings spices up its logo, restaurants

The new logo still features the same colors, but drops the tagline "Grill & Bar" and replaces it with "Wings. Beer. Sports." Golden Valley-based Buffalo Wild Wings also says the distinctive buffalo image is "more muscular and athletic." The company will officially unveil its new redesigned restaurants later this year.

Buffalo Wild Wings breaks ground in North Dakota's oil-rich region

The Golden Valley-based restaurant chain is building a new restaurant in Williston, N.D. The Business Journal reports the new Buffalo Wild Wings location is scheduled to open in February.