Red Robin Gourmet Burgers Reports Results for the Fiscal First Quarter Ended April 17, 2016

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KeyBanc Downgrades Red Robin Gourmet Burgers (RRGB) to Sector Weight

May 17, 2016 12:55 PM EDT

KeyBanc downgraded Red Robin Gourmet Burgers (NASDAQ: RRGB) from Overweight to Sector Weight and removed its price target (prior $90.00). Analyst Chris O'Cull said he was disappointed by Q1 results.

"We were disappointed with the RRGB SRS results, down 2.6% (KBCM -1.1%), which were driven... More

Red Robin Gourmet Burgers (RRGB) Misses Q1 EPS by 8c

May 17, 2016 8:31 AM EDT

Red Robin Gourmet Burgers (NASDAQ: RRGB) reported Q1 EPS of $1.03, $0.08 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $402.1 million versus the consensus estimate of $416.3 million.

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