Buffalo Wild Wings hiking menu prices

This wings news just might be too hot to handle.

Buffalo Wild Wings tucked a little nugget into its earnings release on Monday that isn't likely to sit well with its throngs of ravenous fans.

"Current costs for traditional chicken wings of $1.98 per pound are 30 percent higher than our third-quarter average cost," Chief Executive Sally Smith said.

"Given this trend and known raises in certain minimum wage rates, we are increasing menu prices an average of 3 percent at the end of November," she said.

The Minneapolis-based chain added that net earnings growth would exceed 28 percent for the year.

Buffalo Wild Wings also plans to open 50 company-owned outlets next year, and 40 franchised locations. Its plans include up to 10 international franchisees.

Shares spiked 13 percent, or $17.86, to $151.68, on Tuesday.

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