Shares of gourmet burger chain Red Robin (NASDAQ: RRGB) were slammed earlier this month when the company reported preliminary second-quarter results in an effort to be timely and transparent about a period that was "significantly" worse than expected, according to Red Robin CEO Denny Marie Post. Shares slid about 20% as adjusted earnings per share came in well below the company's guidance range.The preliminary second-quarter update, which included figures that are subject to quarter-end closing adjustments, gave investors some insight into the period.
Similar Stories to Red Robin Gourmet Burgers Earnings: What To Watch on Bing News
newsfeedback@fool.com (Daniel Sparks), The Motley Fool
Thu, 08/16/2018 - 3:38pm
BING NEWS:
- RRGB Red Robin Gourmet Burgers, Inc.
Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily ...
05/1/2024 - 12:02 am | View Link - Red Robin: Margin Improvements Are Urgently Needed
Red Robin's profitability and operations have been disappointing, and high debt makes near-term improvements crucial. See why I've a sell rating for RRGB stock.
04/30/2024 - 5:23 am | View Link - Buy Rating Initiated for Red Robin Gourmet on Turnaround Efforts and Strong Management
Mark Smith, an analyst from Lake Street, has initiated a new Buy rating on Red Robin Gourmet (RRGB). Mark Smith has given his Buy rating due to ...
04/30/2024 - 2:05 am | View Link - Is There An Opportunity With Red Robin Gourmet Burgers, Inc.'s (NASDAQ:RRGB) 29% Undervaluation?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Red Robin Gourmet Burgers fair value estimate is US$8.99 ...
04/20/2024 - 2:21 am | View Link - Red Robin Gourmet Burgers Inc.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
04/14/2024 - 1:00 pm | View Link - More
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