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Buffalo Wild Wings shares tumble on earnings miss

Buffalo Wild Wings' stock traded sharply lower Wednesday after the company reported profit and sales that missed analysts' expectations.

The restaurant chain posted earnings per share of $1 on revenue of $456 million for its fiscal third quarter. Analysts expected Buffalo Wild Wings to post profit per share of $1.29 on revenue of $465 million.

The company's stock fell more than 14 percent in after-hours trading. (Click here to see where the shares are trading now.)

Buffalo Wild Wings' forward-looking guidance also came in weaker than expected, with management citing a shift in the calendar that has led to one week less of football and fewer pay-per-view events.

"We estimate this negatively impacted our same-store sales by 80 basis points. Cost of sales and labor as a percentage of restaurant sales were higher compared to the prior year," said Sally Smith, the company's CEO, in a statement.

"Based on our year-to-date results and updated outlook for the fourth quarter, we are now anticipating single-digit net earnings growth for the year," she said.

— CNBC's Seema Mody contributed to this report.