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FX.co ★ Red Robin Gourmet Burgers Q2 Earnings Summary

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typeContent_19130:::2024-08-22T21:45:00

Red Robin Gourmet Burgers Q2 Earnings Summary

Red Robin Gourmet Burgers (RRGB) has released its earnings report for the second quarter:

- **Earnings**: The company reported a net loss of $9.5 million for Q2, compared to a profit of $3.9 million in the same period last year.

- **Earnings Per Share (EPS)**: The EPS was a loss of $0.61 in Q2, down from a gain of $0.24 in the same period last year.

- **Adjusted Earnings**: Excluding certain items, the adjusted earnings were a loss of $0.47 per share for the period.

Analyst projections had estimated a loss of $0.42 per share.

- **Revenue**: The company's revenue for Q2 was $300.2 million, up from $298.6 million in the same period last year.

**Guidance**: Red Robin Gourmet Burgers has provided a full-year revenue guidance of approximately $1.250 billion.

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