Red Robin Gourmet Burgers, Inc. - Common Stock (RRGB)
6.2100
-0.1600 (-2.51%)
NASDAQ · Last Trade: Jul 20th, 6:29 PM EDT
Detailed Quote
Previous Close
6.370
Open
6.380
Bid
6.210
Ask
6.250
Day's Range
6.160 - 6.540
52 Week Range
2.500 - 7.050
Volume
181,255
Market Cap
97.56M
PE Ratio (TTM)
-1.461
EPS (TTM)
-4.3
Dividend & Yield
N/A (N/A)
1 Month Average Volume
323,623
Chart
About Red Robin Gourmet Burgers, Inc. - Common Stock (RRGB)
Red Robin Gourmet Burgers Inc is a full-service restaurant chain known for its gourmet burgers, rich dining experience, and extensive menu offerings that include salads, sandwiches, and signature bottomless fries. The company focuses on providing a casual dining atmosphere that appeals to families and individuals alike, featuring a vibrant decor and a welcoming environment. Red Robin emphasizes the quality of its ingredients, innovative burger selections, and unique flavor combinations, while also catering to various dietary preferences with options like vegetarian and gluten-free dishes. In addition to its dine-in services, the company has expanded its reach through takeout and delivery options, ensuring that customers can enjoy their beloved meals from the comfort of their homes. Read More
Shares of burger restaurant chain Red Robin (NASDAQ:RRGB)
jumped 9.5% in the afternoon session after the casual dining chain announced its "First Choice" strategic plan and an improved profitability forecast for the second quarter. The company unveiled its new "First Choice" plan, a five-point strategy focused on strengthening operations, driving customer traffic, managing costs to reduce debt, improving restaurant facilities, and fostering a high-performance culture. While Red Robin now expects a comparable restaurant sales decrease of about 4% for the second quarter, slightly worse than its previous forecast, it anticipates that its Adjusted EBITDA will come in higher than the prior guidance of $13 million to $16 million. EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a key measure of a company's operating performance.
Shares of burger restaurant chain Red Robin (NASDAQ:RRGB)
fell 4.7% in the afternoon session after the company continued to navigate a challenging environment marked by store closures and significant financial losses. The company has been grappling with the effects of rising dining costs, which has led to a pullback in consumer spending at fast-casual restaurants. In response to these pressures, Red Robin has been strategically closing underperforming locations.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.4%, S&P 500 +1.0%) on hopes the reported ceasefire between Israel and Iran will hold. This de-escalation in a volatile region helped to ease concerns about potential disruptions to global oil supplies, leading to a notable dip in crude oil prices.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
This development triggered a significant decline in oil prices, easing inflation concerns.
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict.
Red Robin's recent surge followed strong earnings and strategic shifts, yet sustainable growth hinges on boosting customer visits through new initiatives.
Burger restaurant chain Red Robin (NASDAQ:RRGB) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $392.4 million. Its non-GAAP profit of $0.19 per share was significantly above analysts’ consensus estimates.
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Shares of burger restaurant chain Red Robin (NASDAQ:RRGB)
jumped 66.2% in the afternoon session after the company reported impressive first quarter 2025 results which blew past analysts' sales, EPS and EBITDA expectations. In addition, its full-year EPS guidance trumped Wall Street's estimates.
Looking for insights into the US markets in the middle of the day on Friday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Burger restaurant chain Red Robin (NASDAQ:RRGB) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $392.4 million. On the other hand, the company’s full-year revenue guidance of $1.22 billion at the midpoint came in 0.9% below analysts’ estimates. Its non-GAAP profit of $0.19 per share was significantly above analysts’ consensus estimates.
