Red Robin Gourmet Burgers, Inc. Provides Preliminary Earning Guidance for Fourth Quarter Ended December 27, 2015
January 12, 2016 at 09:05 pm
Share
Red Robin Gourmet Burgers Inc. provided preliminary earning guidance for fourth quarter ended December 27, 2015. For the quarter, the company expects total revenues of approximately $286.3 million, comparable restaurant revenue decrease of 2.0% using constant currency rates and net income between $11.1 and $11.7 million or earnings per diluted share between $0.80 and $0.84.
Red Robin Gourmet Burgers, Inc., together with its subsidiaries, primarily operates, franchises, and develops casual dining restaurants in North America. The Company's menu features its signature product, a line of Gourmet Burgers with layers of fresh ingredients and fresh ground beef. It also offers burgers made with other proteins including chicken breasts (grilled or fried), turkey patties, as well as a proprietary vegetarian patty and the Impossible plant-based burger patty. The Company offer a selection of buns, including gluten free, sesame, brioche, and lettuce wraps, with a variety of toppings, including house-made sauces, crispy onion straws, sauteed mushrooms, several cheese choices, and a fried egg. It serves an array of other mainstream items, such as Donatos pizza, wings, salads, other entrees, and desserts. The Companyâs beverage categories include alcoholic and non-alcoholic specialty drinks, cocktails, wine, and a variety of national and craft beers.