Red Robin Gourmet Burgers (RRGB) PT Lowered to $80 at Jefferies; 'Buy' Maintained

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Red Robin Gourmet Burgers (RRGB) Tops Q4 EPS by 4c

February 12, 2016 8:35 AM EST

Red Robin Gourmet Burgers (Nasdaq: RRGB) reported Q4 EPS of $0.86, $0.04 better than the analyst estimate of $0.82. Revenue for the quarter came in at $286.3 million versus the consensus estimate of $294.33 million.

Comparable restaurant revenue decreased 2.0% from the same period a year ago (using constant currency rates)

Outlook for 2016

Red Robins 2016 fiscal year consists of 52 weeks and will end on December... More