Wednesday, May 18, 2016

Red Robin Gourmet Burgers (RRGB) Plummeted To A New Low After Q1 Revenues Miss

Red Robin Gourmet Burgers (RRGB) reported first quarter adjusted EPS of $1.27 Tuesday morning, up from $1.10 a year ago. Revenues increased 1.8% to $402.1 million from $394.9 million last year. Analysts expected EPS of $1.11 and revenues of $415.17 million. The company expects total revenues to grow around 8.0% in 2016.

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