Red Robin Gourmet Burgers (RRGB) Misses Q4 EPS by 66c, Revenues Miss

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Go back to Red Robin Gourmet Burgers (RRGB) Misses Q4 EPS by 66c, Revenues Miss

Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Fourth Quarter and Year Ended December 27, 2020

March 3, 2021 4:05 PM EST

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), 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 and year ended December 27, 2020.

Fourth Quarter 2020 Financial Summary Compared to Fourth Quarter 2019

Total revenues were $201.1 million, a decrease of 33.6%, primarily due to the impacts of the COVID-19 pandemic including related state and local dining room restrictions; Comparable restaurant revenue decreased 29.0%; Off-premise sales increased 131.8% and... More