Red Robin Gourmet Burgers (RRGB) Misses Q3 EPS by 8c, Guides Q4 EPS Below Views
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Red Robin Gourmet Burgers Reports Results for the Fiscal Third Quarter Ended October 1, 2017
November 6, 2017 4:05 PM ESTGREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), 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 quarter ended October 1, 2017.
Third Quarter 2017 Financial Highlights Compared to Third Quarter 2016
Total revenues were $304.2 million, an increase of 2.3%; Net income was $2.7 million compared to net loss of $1.3 million; Comparable restaurant revenue decreased 0.1% (using constant currency rates); Off-premise increased to 7.6% of total food and beverage sales compared to... More