Consumer Contrarian
Contrarian, value, growth

Sell Short Red Robin Gourmet Burgers Ahead Of Profit Declines

Customers turn away from sharply higher menu prices

The recent Q214 guest count decline at Red Robin Gourmet Burgers (NASDAQ:RRGB) of another 250 basis points (bps) should signal the end of solidly higher prices. After compounding annualized price/mix increases from the past 18 months (includin...

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