Red Robin Gourmet Burgers Reports Results for the Fiscal First Quarter Ended April 22, 2018
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Red Robin Gourmet Burgers (RRGB) PT Lowered to $54 at Wells Fargo
May 23, 2018 7:51 AM EDTWells Fargo lowered its price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) to $54.00 (from $59.00) while maintaining a Market Perform rating following results.
Analyst Jeff Farmer said expect RRGB to be challenged in meeting its 2018 SSS guidance, but believe sizeable "team service"... More
Red Robin Gourmet Burgers (RRGB) PT Lowered to $75 at Stephens Following 1Q
May 23, 2018 6:41 AM EDTStephens lowered its price target on Red Robin Gourmet Burgers (NASDAQ: RRGB) to $75.00 (from $80.00) while maintaining a Overweight rating following the company's 1Q earnings report. RRGB missed 1Q expectations, with SSS declining -0.9% vs. consensus of +0.7%. Adjusted EPS of $0.69 was in-line with guidance and... More
Red Robin Gourmet Burgers (RRGB) Misses Q1 EPS by 6c
May 22, 2018 4:02 PM EDTRed Robin Gourmet Burgers (NASDAQ: RRGB) reported Q1 EPS of $0.69, $0.06 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $421.5 million versus the consensus estimate of $424.88 million.
Comparable restaurant revenue decreased 0.9% (using constant currency rates).
While our sales were... More
