Red Robin Gourmet Burgers (RRGB) Misses Q1 EPS by 8c
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Red Robin Gourmet Burgers Reports Results for the Fiscal First Quarter Ended April 17, 2016
May 17, 2016 8:31 AM EDTGREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the quarter ended April 17, 2016.
First Quarter 2016 Financial Highlights Compared to First Quarter 2015
Total revenues were $402.1 million, an increase of 1.8% Comparable restaurant revenue decreased 2.6% (using constant currency rates) Restaurant-level operating profit, as a percent of restaurant revenue, was 22.5% compared to 23.0% (see Schedule II) Adjusted EBITDA was... More