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MarketFoolery

MarketFoolery: 02.08.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 8 February 2012

⏱️ 13 minutes

🧾️ Download transcript

Summary

Shares of Buffalo Wild Wings rise after the restaurant chain reports big earnings. Shares of Western Union head south after the company reports weaker-than-expected sales numbers.

Transcript

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0:00.0

It's Wednesday, February 8th, and this is Market Fullard.

0:05.0

I'm Chris Helen joining me in studio today for a million dollar portfolio Charlie Travers and from Motley

0:09.8

Fool Pro Jeff Fisher, gentlemen.

0:11.8

Hey Chris, hey good to see you.

0:13.3

You too.

0:14.3

We have got two stocks that are going in opposite directions.

0:17.1

We will start with Buffalo Wild Wings, better than expected fourth quarter earnings, and the

0:22.2

shares are up more than 14% this

0:24.2

morning. Charlie what do you think? How often do we have to tell people it's a bad idea

0:28.0

to bet against beer sports and wigs? It's pretty rocking quarter for Be Wild.

0:32.8

Revenue is up 28%, earnings per share was up 30.

0:36.4

And what I find even more interesting

0:38.1

was that quarter by quarter as 2011 went on,

0:40.6

same store sales got stronger and stronger.

0:42.6

And I think what got the market excited today

0:44.9

was CEO Sally Smith saying that trend continued

0:48.2

into Q1 of this year.

0:49.8

And that for 2012, their guidance is 20% EPS growth,

0:54.1

which is very solid for a company of this size.

0:56.6

Now, we were talking before we started taping.

0:58.5

Just yesterday, there were a couple of analysts

1:01.0

who downgraded the stock ahead of the earnings report because they and

...

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