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Blue Buffalo Pet (BUFF) Stock Continues to Soar on Q1 Results

NEW YORK (TheStreet) -- Shares of Blue Buffalo Pet Products (BUFF) are spiking by 8.58% to $25.93 on heavy trading volume late Wednesday morning, after the Wilton, CT-based company reported solid results for the 2016 first quarter.

After yesterday's closing bell, the pet food company posted adjusted earnings of 19 cents per diluted share, topping analysts' expectations by a penny.

Revenue for the period was $279.8 million, higher than analysts' forecasts of $274.6 million.

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