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Was Red Robin's Quarter As Bad As It Seems?
Tuesday, November 7, 2017 - 2:49pm | 634Casual dining restaurant chain Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reported third-quarter results Monday, showing a decline in adjusted earnings per share from 38 cents to 21 cents — despite 2.3 percent revenue growth to $304.2 million. Red Robin expects earnings per share of 45-...
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Bank Of America Hatches An Upgrade For Red Robin
Wednesday, May 17, 2017 - 3:24pm | 408Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) shares are soaring Wednesday, seen up over 22 percent, following first-quarter results that saw sales and earnings come in much stronger than expected. Bank of America has upgraded the burger chain to a Buy from a Neutral rating after encouraging first...
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17 Labor Day Stock Picks
Friday, August 30, 2013 - 9:05am | 686Labor Day marks the unofficial end of summer. Week-long vacations are done, weekend trips to the lake are winding down, and for sports fanatics, here comes football season. But there’s a lot of science behind Labor Day. Consumers spend in very predictable ways making this weekend a key revenue...
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Red Robin Recommends Santa Fe Pasta For Last Meal On Earth
Friday, May 20, 2011 - 11:12am | 136Speaking exclusively to Benzinga, an employee of Red Robin (NASDAQ: RRGB) recommended that it's Santa Fe Chicken Pasta would be the perfect way to end our time on Earth before either being zapped up to heaven or being left behind and dying in a river of lava. The restaurant, which specializes in "...
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Morgan Keegan Raising Price Target On Red Robin
Friday, May 20, 2011 - 9:18am | 76According to Morgan Keegan, Red Robin (NASDAQ: RRGB) has higher projections. Morgan Keegan said that reports Q1 EPS ex-items of $0.58, well above the $0.17, street's $0.24 as the model is highly sensitive (100bps restaurant margin = $0.50 annually). “EPS beat represents significant leverage from...
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Sterne Agee Upgrades Red Robin To Buy, $40 PT
Friday, May 20, 2011 - 7:54am | 27Sterne Agee has upgraded Red Robin (NASDAQ: RRGB) from Neutral to Buy and has raised the price target to $40.
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Bank of America Upgrades Red Robin To Buy, PT Raised To $40
Friday, May 20, 2011 - 7:43am | 29Bank of America has upgraded Red Robin (NASDAQ: RRGB) from Underperform to Buy and has raised the price objective from $18 to $40.
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Piper Jaffray Increases Estimates And Target On Red Robin
Friday, May 20, 2011 - 7:35am | 132According to Piper Jaffray, Red Robin (NASDAQ: RRGB) delivered revenue and operating EPS of $286.8 million and $0.58, above the 1Q11 estimates. Piper Jaffray said that results were in part driven by relatively stronger-than-expected comps of +1.9% at company units and +2.5% at franchise units,...
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Piper Jaffray Raises PT On Red Robin To $28
Friday, May 20, 2011 - 6:13am | 27Piper Jaffray has raised the price target on Red Robin (NASDAQ: RRGB) from $18 to $28 and maintains its Underweight rating.
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Morgan Keegan Raises PT On Red Robin To $24
Friday, February 18, 2011 - 9:51am | 28Morgan Keegan has raised the price target on Red Robin (NASDAQ: RRGB) from $21 to $24 and maintains its Market Perform rating.
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Piper Jaffray Raises PT On Red Robin To $18
Friday, February 18, 2011 - 8:09am | 27Piper Jaffray has raised the price target on Red Robin (NASDAQ: RRGB) from $13 to $18 and maintains its Underweight rating.
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August Causal Dining Trends From Piper Jaffray
Monday, September 20, 2010 - 7:34am | 336Casual dining SSS trends for August were +0.6%, reflecting 1.9% traffic and showing a slight dip +0.9% from July, but according to Piper Jaffray August was still better than 2Q when traffic measures deteriorated. Piper Jaffray sees opportunities in Casual Dining, but prefers limited service and...