Red Robin Gourmet Burgers (RRGB) Tops Q1 EPS by 32c
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Red Robin Gourmet Burgers Reports Results for the Fiscal First Quarter Ended April 16, 2017
May 16, 2017 4:05 PM EDTGREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the quarter ended April 16, 2017.
First Quarter 2017 Financial Highlights Compared to First Quarter 2016
Total revenues were $418.6 million, an increase of 4.1%; Net income was $11.6 million compared to $14.2 million; Comparable restaurant revenue decreased 1.2% (using constant currency rates); Adjusted EBITDA was $45.8 million compared to $48.9 million (see Schedule III);... More