Red Robin Gourmet Burgers(RRGB)
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Insights Into Red Robin (RRGB) Q2: Wall Street Projections for Key Metrics
ZACKS· 2024-08-19 22:15
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 (RRGB) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-08-13 00:30
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 at ...
Red Robin Gourmet Burgers, Inc. to Release Fiscal Second Quarter 2024 Results on August 22, 2024
Prnewswire· 2024-08-12 20:45
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 ...
Red Robin (RRGB) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-08-08 23:00
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 s ...
Red Robin: All Eyes On A Hopefully Better Q2
Seeking Alpha· 2024-07-11 09:14
RiverNorthPhotographyRed Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) reported the company’s Q1 results in late May, not showing signs of improvements yet as the weak earnings have carried on. The company hinted at a more positive start to Q2, though, which could improve the investment case considerably. On the other hand, with the weak performance and high debt, the improvement is very critical and continued weakness could pose a real threat to the business’ ability to continue operating. I previously wro ...
Why Is Red Robin (RRGB) Up 0.8% Since Last Earnings Report?
ZACKS· 2024-06-29 00:35
A month has gone by since the last earnings report for Red Robin (RRGB) . Shares have added about 0.8% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Red Robin due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Red Robin Q1 Earnings and Revenues Lag Estimates Red ...
RED ROBIN RELEASES A BURGER WORTH ITS WEIGHT IN GOLD: THE GOLD MEDAL BURGER
Prnewswire· 2024-06-18 20:00
One of America's favorite foods just got bigger! Made with three juicy patties, three layers of golden American cheese, Red's relish, mayo, pickles, onion, lettuce and tomato, the Gold Medal Burger is made for champions! And while there may not be any French fries for the athletes in Paris this summer, this burger is served with a bottomless supply of crispy Steak Fries (or another Bottomless Item of your choice). Available at participating U.S. locations only. "Inspired by the hardware athletes will bring ...
Here's Why You Should Retain Red Robin (RRGB) in Your Portfolio
ZACKS· 2024-06-07 00:51
Red Robin Gourmet Burgers, Inc. (RRGB) is likely to benefit from its loyalty program and strategic initiatives. The emphasis on menu innovation and digital initiatives bodes well. Recently, the company launched the revamped Red Robin Royalty Program, marking a successful step in its strategy to revitalize the brand within the casual dining industry. RRGB is encouraged by the early progress and is confident that it has just begun tapping into its full potential. Red Robin’s shares have gained 22.9% in the pa ...
Red Robin Gourmet Burgers(RRGB) - 2024 Q1 - Earnings Call Transcript
2024-05-30 08:17
分组1 - 公司在2023年1月启动了"北极星五点计划",致力于通过投资服务和食品质量来提供优质的客户体验,预计这些投资将带来销售和利润的增长,推动长期股东价值的提升 [6] - 公司在2024年第一季度的客户满意度已经达到行业平均水平,客户满意度的提升是公司业绩改善的基础 [12][13][14] - 公司在2024年第一季度推出了新的营销策略,包括推广30种无限供应的菜品、强调食材升级和品牌乐趣,初步结果显示效果良好 [16][17][18][19][20] - 公司于2024年5月22日推出了全新的会员计划"红色皇家计划",会员可以更快获得奖励,预计将提高会员的访问频率 [23][24][25] 分组2 - 2024年第一季度,公司总收入为3.885亿美元,同比下降7.5%,主要受到虚拟品牌业务被取消的影响 [27] - 2024年第一季度,餐厅营业利润率为11%,同比下降370个基点,主要由于公司在服务和食品质量上的战略投资 [28][29] - 公司预计2024年全年通胀率在3%-4%之间,并计划实现1900万美元的成本节约 [30][31] - 公司预计2024年总收入为12.5-12.75亿美元,餐厅营业利润率为12.5%-13.5%,调整后EBITDA为6000-7000万美元 [37][38] 问答环节重要的提问和回答 问题1 **Mark Smith 提问** 询问了第二季度前5周的同店销售数据中,销量和价格的具体变化情况 [47][48] **Todd Wilson 回答** 表示第二季度开始,公司的同店销售和客流量都呈现出连续的改善趋势,价格上涨也有所提升,但客流量的改善是主要推动因素 [48] 问题2 **Andrew Wolf 提问** 询问了第三季度利润率环比改善的原因,是否主要来自于虚拟品牌业务的退出 [66][67][68] **Todd Wilson 回答** 表示,虽然虚拟品牌业务退出对销售有一定影响,但更重要的是公司多年来客流量下滑的负面影响正在逐步消除,加上预计第三季度客流量将呈现正增长,这是利润率环比改善的主要原因 [67][68] 问题3 **CJ Dipollino 提问** 询问了公司如何推动会员计划的新增会员和唤醒沉睡会员 [73][74][75] **G.J. Hart 回答** 表示公司采取了多项措施,包括为新会员发送欢迎邮件、要求全体员工积极推广会员计划、在各种营销渠道中突出会员计划的优势等,初步效果良好,新会员的复购率有明显提升 [76][77]
Here's What Key Metrics Tell Us About Red Robin (RRGB) Q1 Earnings
zacks.com· 2024-05-30 08:01
For the quarter ended March 2024, Red Robin (RRGB) reported revenue of $388.54 million, down 7% over the same period last year. EPS came in at -$0.80, compared to $0.25 in the year-ago quarter. The reported revenue represents a surprise of -2.15% over the Zacks Consensus Estimate of $397.08 million. With the consensus EPS estimate being -$0.41, the EPS surprise was -95.12%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...