Red Robin CEO talks navigating consumer spending slowdown [Yahoo! Finance]
Red Robin Gourmet Burgers, Inc. (RRGB)
Last red robin gourmet burgers, inc. earnings: 2/25 04:05 pm
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Source: Yahoo! Finance
earnings and acknowledged that inflation's impact on consumers has affected the company's margins. Red Robin CEO G.J. Hart joins Wealth! to discuss the company's strategy amid changing consumer behavior. Hart notes that Red Robin is "in the middle of a comeback," undergoing a strategic plan to enhance operations. While consumers have been trading down, he mentions that they have continued to add on items like desserts and appetizers, saying "it's given us some confidence" in the consumer's willingness to spend. "We think it's better to be 52 weeks a year in providing value to our guests," Hart told Yahoo Finance, emphasizing that the company is "focusing on fundamentals" to improve customer experiences and offer consistent value throughout the year. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith Video Transcript Consumers are stretched. 80% of people think fast food is a luxury a
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RRGB
News
- Red Robin releases Olympic-inspired burger that weighs 18 ounces [USA TODAY]USA TODAY
- Red Robin's Latest Burger Is Inspired By An Actual Olympic Gold Medal [Forbes]Forbes
- Red Robin introduces new burger and drink to menu in US [Yahoo! Finance]Yahoo! Finance
- RED ROBIN RELEASES A BURGER WORTH ITS WEIGHT IN GOLD: THE GOLD MEDAL BURGER [Yahoo! Finance]Yahoo! Finance
- RED ROBIN RELEASES A BURGER WORTH ITS WEIGHT IN GOLD: THE GOLD MEDAL BURGERPR Newswire
RRGB
Earnings
- 5/29/24 - Miss
RRGB
Sec Filings
- 6/14/24 - Form S-3
- 6/14/24 - Form 4
- 5/29/24 - Form 10-Q
- RRGB's page on the SEC website