Red Robin Gourmet Burgers (RRGB) Misses Q4 EPS by 52c
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Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Fourth Quarter and Year Ended December 26, 2021
March 10, 2022 4:05 PM ESTGREENWOOD 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 fiscal fourth quarter and year ended December 26, 2021.
Fourth Quarter 2021 Key Highlights
Restaurant revenue of $276.7 million increased 41.5% compared to 2020; Comparable restaurant revenue increased 40.1% compared to 2020; Restaurants that were at or above 2019 staffing levels had comparable restaurant revenues of 49.3%, compared to 2020; Net loss of $21.3 million improved $18.0 million... More