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Buffalo Wild Wings' CEO Signals New Activist Investor Could Trigger Big Changes

Updated from 8:33 a.m. to include comments from CEO interview and analyst note.

Score one for Buffalo Wild Wings' (BWLD) newest activist investor? Perhaps.

The wing and beer restaurant chain reported Tuesday that earnings rose 13.1% from the prior year to $1.27 a share, beating Wall Street forecasts for $1.25 a share. B-Dubs -- as it's affectionately known by customers -- saw its bottom line boosted by a focus on controlling costs such as labor and incentive compensation, as well as a good number of share repurchases.

But for...