Lower food and labor costs drove a 24.9-percent gain in net income in the fourth quarter of 2013 for Buffalo Wild Wings, and the company plans to capitalize on that benefit in 2014 by devoting more capital to several growth initiatives. “We are planning on investing some of that [food cost benefit],” chief financial officer Mary Twinem said during the company’s fourth-quarter earnings call. “When we look at where wing prices are in January and February … we are ...
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Contact: Desiree Torres Desiree.Torres@penton.com