Red Robin Gourmet Burgers, Inc. (RRGB)
Summary
Red Robin (RRGB) Up 38.7% Since Last Earnings Report: Can It Continue?
Red Robin (RRGB) reported earnings 30 days ago. What's next for the stock?
Red Robin Gourmet Burgers' Transformation Looks Irresistible (Upgrade)
Red Robin Gourmet Burgers, Inc. surges on major refranchising deals, unlocking $96 million to pay down debt and fund transformation initiatives. RRGB's net debt will drop from $146.9 million to $50.9 million, significantly improving balance sheet strength and reducing interest expense. Despite ongoing sales and guest count pressures, RRGB trades at a steep discount to peers and recent asset sale multiples imply substantial upside.
Red Robin (RRGB) Q1 Earnings Lag Estimates
Red Robin (RRGB) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.19 per share a year ago.
Red Robin Gourmet Burgers, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Point72 Asset Management LP Point72 Asset Management LP | 33,252 | $134,670.42 | $237,086.76 | $102,416.34 | 76.05% |
| TK Taro Kuriyama Axq Capita LLP | 22,327 | $65,418 | $158,298.43 | $92,880.43 | 141.98% |
| DP Drew Phillips Fortitude Family Office LLC | 906 | $5,246 | $6,324.06 | $1,078.06 | 20.55% |
| HFT Hui Fai Tam Caitong International Asset Management Co. Ltd. | 277 | $812 | $1,933.04 | $1,121.04 | 138.06% |
 Christopher C. Powers Farther Finance Advisors, LLC | 33 | $101 | $231.33 | $130.33 | 129.04% |
Red Robin Gourmet Burgers, Inc. (RRGB) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Red Robin Gourmet Burgers, Inc. ever had a stock split?
Red Robin Gourmet Burgers, Inc. Profile
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | David A. Pace CEO | NASDAQ (NGS) Exchange | 75689M101 CUSIP |
| US Country | 18,852 Employees | - Last Dividend | - Last Split | 19 Jul 2002 IPO Date |
Overview
Red Robin Gourmet Burgers, Inc., along with its subsidiaries, plays a significant role in the North American food industry by developing, operating, and franchising casual-dining restaurants. The brand has extended its presence beyond the United States to include a location in one Canadian province, indicating a footprint of international recognition. Founded in 1969 and rooted in Greenwood Village, Colorado, Red Robin has established itself as a go-to destination for a variety of dining experiences, emphasizing a laid-back atmosphere coupled with a rich menu that caters to a wide range of tastes and preferences. The company's longstanding history and strategic expansion efforts highlight its success in creating a beloved dining chain that offers more than just burgers, embracing a full spectrum of casual dining essentials.
Products and Services
- Burgers and Pizza
- Appetizers, Salads, and Soups
- Other Entrees and Desserts
- Wings, Milkshakes, and Specialty Drinks
The core of Red Robin's menu revolves around its gourmet burgers and artisan pizzas, showcasing a commitment to offering classic American comfort foods with a gourmet twist. Each burger and pizza is crafted with high-quality ingredients, inviting diners to enjoy a heightened version of these beloved dishes.
A diverse array of appetizers sets the stage for a fulfilling meal, while salads and soups offer lighter, yet equally flavorful, options for guests looking for a more health-conscious selection. These offerings are designed to cater to a wide range of dietary preferences and introduce diners to a variety of taste profiles.
Extending beyond its signature items, Red Robin also features a variety of other entrees, including a selection of meat, seafood, and vegetarian options, ensuring that there is something for everyone. The meal experience is rounded off with a decadent dessert menu, featuring classic and innovative sweets that leave a lasting impression.
Wings and milkshakes stand out as fan favorites, with the former offering a perfect blend of spice and flavor and the latter providing a creamy, indulgent treat. The restaurant's specialty drinks, both alcoholic and non-alcoholic, including cocktails, wine, and beers, are carefully curated to complement the dining experience, making every meal at Red Robin a celebration.
