- Red Robin Gourmet Burgers (NASDAQ:RRGB) reports comparable restaurant revenue fell 3.4% in Q3 on a 1.9% decrease in traffic.
- Off-premise sales increased 22.7% during the quarter to account for 10.1% of total food and beverage sales.
- Cost of sales as a percentage of revenue remained flat at 23.8%.
- Restaurant labor costs as a percentage of restaurant revenue remained flat at 35.3% of sales.
- Looking ahead, the restaurant company FY18 EPS of $1.60 to $1.80 vs. $1.89 consensus.
- Previously: Red Robin Gourmet Burgers beats by $0.05, misses on revenue (Nov. 6)
- RRGB -6.1% AH.
Red Robin Gourmet Burgers -6% after comp sales drop
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About RRGB Stock
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Symbol | Last Price | % Chg |
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RRGB | - | - |
Red Robin Gourmet Burgers, Inc. |