Red Robin Gourmet Burgers (RRGB) Slammed 15% on Wide EPS Miss
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Red Robin Gourmet Burgers (RRGB) Sell-Off Overdone, Jefferies Says
August 15, 2014 6:50 AM EDTJefferies analyst Alexander Slagle reiterated a Buy rating on Red Robin Gourmet Burgers (NASDAQ: RRGB) following yesterday's 19% sell-off, saying the pullback was overdone as the biggest drivers are ahead.
"EPS missed as SSS slowed on ineffective changes to marketing strategy & intensified... More
Longbow Research Downgrades Red Robin Gourmet Burgers (RRGB) to Neutral
August 14, 2014 1:37 PM EDTLongbow Research downgraded Red Robin Gourmet Burgers (NASDAQ: RRGB) from Buy to Neutral.
For an analyst ratings summary and ratings history on Red Robin Gourmet Burgers click here. For more ratings news on Red Robin Gourmet Burgers click here.
Shares of Red Robin Gourmet Burgers closed at $64.55 yesterday.
... MoreRed Robin Gourmet Burgers, Inc. (RRGB) Misses Q2 EPS by 22c
August 14, 2014 8:31 AM EDTRed Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reported Q2 EPS of $0.68, $0.22 worse than the analyst estimate of $0.90. Revenue for the quarter came in at $256.1 million versus the consensus estimate of $263.37 million.
Comparable restaurant revenue increased 1.2%
For earnings history and earnings-related data on Red Robin Gourmet Burgers, Inc. (RRGB) click here.
... More