Red Robin Gourmet Burgers (RRGB) Misses Q2 EPS by 1c

Red Robin Gourmet Burgers (NASDAQ: RRGB) reported Q2 EPS of ($3.31), $0.01 worse than the analyst estimate of ($3.30). Revenue for the quarter came in at $161.1 million versus the consensus estimate of $166.06 million.

• Comparable restaurant revenue decreased 41.4%;

Outlook for 2020 and Guidance Policy:

• In light of the ongoing uncertainty regarding the duration and impact of the COVID-19 pandemic, the Company withdrew its 2020 and long-term financial outlook on April 1, 2020.

For earnings history and earnings-related data on Red Robin Gourmet Burgers (RRGB) click here.

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