Red Robin (RRGB) reported $300.15 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 0.5%. EPS of -$0.48 for the same period compares to -$0.24 a year ago. The reported revenue represents a surprise of +1.55% over the Zacks Consensus Estimate of $295.57 million. With the consensus EPS estimate being -$0.41, the EPS surprise was -17.07%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Red Robin (RRGB) came out with a quarterly loss of $0.48 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -17.07%. A quarter ago, it was expected that this casual restaurant chain would post a loss of $0.41 per share when it actually produced a loss of $0.80, delivering a surprise of -95.12%. Over the last four quarters, the compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 14, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34851 RED ROBIN GOURMET BURGERS, INC. (Exact name of registrant as specified in its charter) Delaware 84-1573084 (State or other ...

Exhibit 99.1 Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Second Quarter Ended July 14, 2024 Announces Credit Agreement Amendment Updates Full Year Guidance Englewood, CO – August 22, 2024 – Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), 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 fiscal second quarter ended July 14, 2024. Highlights ...

Announces Credit Agreement Amendment Updates Full Year Guidance ENGLEWOOD, Colo., Aug. 22, 2024 /PRNewswire/ -- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), 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 fiscal second quarter ended July 14, 2024. Highlights for the Second Quarter of Fiscal 2024, Compared to the Second Quarter of Fiscal 2023: Total reven ...

Analysts on Wall Street project that Red Robin (RRGB) will announce quarterly loss of $0.41 per share in its forthcoming report, representing a decline of 70.8% year over year. Revenues are projected to reach $295.57 million, declining 1% from the same quarter last year. The consensus EPS estimate for the quarter has been revised 3.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe ...

Red Robin Gourmet Burgers, Inc.'s (RRGB) loss is likely to widen year over year when the company reports second-quarter fiscal 2024 results. In the last reported quarter, the company delivered a negative earnings surprise of 95.1%. How are Estimates Placed? The Zacks Consensus Estimate is pegged at a loss of 41 cents per share. In the prior-year quarter, RRGB reported a loss per share of 24 cents. The consensus mark for revenues is pegged at $295.6 million, suggesting a drop of 1% year over year. Let's look ...

ENGLEWOOD, Colo., Aug. 12, 2024 /PRNewswire/ -- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced it will release financial results for its fiscal second quarter 2024 on Thursday, August 22, 2024, after the market close, followed by a conference call to discuss these results at 4:30 p.m. ET. The conference call can be accessed live over ...

The market expects Red Robin (RRGB) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the ...

I updated the reverse DCF model to show what markets are now pricing in for the stock. With the lower stock price, a more modest sales recovery is expected with some elevation in 2025 and 2026. The EBIT margin is expected to rise into 3.0%, down from the previous 4.0% estimate. The margin leverage still estimates very good improvements. The cash flow conversion should still be good with capital expenditures largely being put on halt. Red Robin's Bleak Q1 Financials Takeaway Red Robin Gourmet Burgers, Inc. ( ...