Red Robin Gourmet Burgers, Inc. - Common Stock (RRGB)
4.8400
-0.0300 (-0.62%)
Red Robin Gourmet Burgers Inc is a full-service restaurant chain known for its gourmet burgers, rich dining experience, and extensive menu offerings that include salads, sandwiches, and signature bottomless fries
The company focuses on providing a casual dining atmosphere that appeals to families and individuals alike, featuring a vibrant decor and a welcoming environment. Red Robin emphasizes the quality of its ingredients, innovative burger selections, and unique flavor combinations, while also catering to various dietary preferences with options like vegetarian and gluten-free dishes. In addition to its dine-in services, the company has expanded its reach through takeout and delivery options, ensuring that customers can enjoy their beloved meals from the comfort of their homes.
Shares of burger restaurant chain Red Robin (NASDAQRRGB)
jumped 34.1% in the afternoon session after the company reported strong fourth-quarter 2024 results: Same-store sales beat expectations after a few tepid quarters. The sales boost was driven by a 9% menu price increase, which helped offset a continued decline in guest traffic. Red Robin's full-year EBITDA guidance was particularly strong, significantly exceeding analysts' forecasts. Overall, this quarter had a few things to like.
Intrigued by the market activity in the middle of the day on Thursday? Uncover the key winners and losers of today's session in our insightful analysis.
Burger restaurant chain Red Robin (NASDAQRRGB) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 7.7% year on year to $285.2 million. On the other hand, the company’s full-year revenue guidance of $1.24 billion at the midpoint came in 1.5% below analysts’ estimates. Its non-GAAP loss of $0.94 per share was 63.8% below analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
Over the last six months, Red Robin’s shares have sunk to $5.93, producing a disappointing 9.3% loss - a stark contrast to the S&P 500’s 7.3% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how sit-down dining stocks fared in Q3, starting with Red Robin (NASDAQRRGB).
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Darden (NYSEDRI) and its peers.
Looking back on sit-down dining stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Denny's (NASDAQDENN) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Brinker International (NYSEEAT) and the best and worst performers in the sit-down dining industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at The ONE Group (NASDAQSTKS) and its peers.
Burger restaurant chain Red Robin (NASDAQRRGB) reported Q3 CY2024 results beating Wall Street’s revenue expectations, but sales fell 1.1% year on year to $274.6 million. The company expects the full year’s revenue to be around $1.25 billion, close to analysts’ estimates. Its non-GAAP loss of $1.13 per share was 18% below analysts’ consensus estimates.
