Red Robin (RRGB) Q1 Earnings and Revenues Lag Estimates [Yahoo! Finance]
Red Robin Gourmet Burgers, Inc. (RRGB)
Last red robin gourmet burgers, inc. earnings: 2/25 04:05 pm
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US:NASDAQ Investor Relations:
investors.redrobin.com
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Source: Yahoo! Finance
RRGB reported first-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. Earnings missed the consensus estimate for the second straight quarter. Last week's launch of a new Red Robin loyalty program marked a successful step in the company's strategy to revitalize the brand within the casual dining industry. The company is encouraged by the early progress and is confident that it has just begun tapping into its full potential. Delving Deeper In the fiscal first quarter, Red Robin recorded an adjusted loss per share of 80 cents, wider than the Zacks Consensus Estimate of a loss of 41 cents. The company had reported an adjusted loss per share of 25 cents in the prior-year quarter. Quarterly revenues of $388.5 million missed the consensus mark of $397 million. The top line decreased 7% year over year. The decrease in revenues was primarily due to dismal restaurant revenues. In the quarter under review, comparable restaurant revenues fell
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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