Red Robin Gourmet Burgers Reports Results for the Fiscal Second Quarter Ended July 15, 2018

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Red Robin Gourmet Burgers (RRGB) PT Lowered to $50 at Stephens Following 2Q

August 22, 2018 8:15 AM EDT

Stephens analyst Will Slabaugh lowered the price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) to $50.00 (from $75.00) while maintaining a Overweight rating following the company's 2Q earnings report.

RRGB reported 2Q results that were in-line with pre-announced SSS of -2.6% vs. consensus... More

Red Robin Gourmet Burgers (RRGB) Misses Q2 EPS by 2c, Comps Decline 2.6%

August 21, 2018 4:05 PM EDT

Red Robin Gourmet Burgers (NASDAQ: RRGB) reported Q2 EPS of $0.46, $0.02 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $315.4 million versus the consensus estimate of $316.85 million.

Comparable restaurant revenue decreased 2.6% (using constant currency... More