Buffalo Wild Wings Inc. announced financial results for its fourth quarter 2009. The fourth quarter provided another successful year for the company and well past all of its annual growth goals. The company also has strengthened its leadership position with the opening of new casual dining units in 92 additional locations. This reflects a 16% increase in the company's total units.

Total revenue for the fourth quarter 2009 rose19.6% to $145.0 million compared to $121.2 million in the fourth quarter last year. Company-owned restaurant sales for the fourth quarter jumped 19.5% over the same period in 2008. Franchise royalties and fees also increased 21.1% to $13.8 million versus $11.4 million in the fourth quarter of 2008. Net profit increased 7.9% to $8.3 million versus $7.7 million in the fourth quarter of 2008. EPS were $0.46 as compared to fourth quarter 2008 earnings per diluted share of $0.43.

However, the company experienced a quarterly increase in its insurance costs and stock compensation expense. Still, the company has the ability to earn and exceed its annual goal. Buffalo Wild Wings Inc. is confident to achieve 20% net earnings growth in fiscal 2010.

The company is all set for this new fiscal year and has already started performing well. Super Bowl is one of the company's biggest sales days. Revenue visibility looks strong with as the company is transitioning into the Winter Olympics and begin gearing up for the college basketball tournaments.

Company also has a new menu and a new TV spot. Company is also using another means of entertainment to attract customers. The company should benefit from less adverse year-over-year comparisons for wing prices and same-store sales as 2010 progresses.