Buffalo Wild Wings (BWLD) is significantly higher after the restaurant chain topped analysts' second-quarter earnings expectations.
After Tuesday's closing bell, Buffalo Wild Wings reported a quarterly profit of $9.2 million, or 50 cents per share, up from its year-ago earnings of $7.0 million, or 39 cents per share. Revenue for the period climbed 12.4% to $145.7 million. Analysts surveyed by Thomson Reuters were anticipating earnings of just 42 cents per share on $141.5 million in revenue.
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When a country's economy gets stronger, its currency follows. The recent unemployment report on Dec. 4 was much better than expected. If the economy is stronger, the Federal Reserve will raise interest rates. Both of these factors have sparked a dollar rally.
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