Red Robin Gourmet Burgers, Inc. Provides Earnings Guidance for the First Fiscal Quarter of 2023
May 24, 2023 at 04:05 pm
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Red Robin Gourmet Burgers, Inc. provided earnings guidance for the first fiscal quarter of 2023. For the quarter, the company expects Total revenues of $418.0 million. Net loss to be $3.1. Income from operations to be $4.3 million.
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.