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May 20, 2014
08:33 EDTRRGBRed Robin reports Q1 EPS 82c, consensus 72c
Reports Q1 revenue $340.5M, consensus $334.80M. Reports Q1 comparable restaurant revenue increased 5.4%. Reports Q1 system-wide restaurant revenue totaled $457.3M compared to $415.6M for the same period last year at constant currency rates. The company said, "As of the end of Q1, there were 362 company-owned Red Robin restaurants, five Red Robin's Burger Works and 129 franchised Red Robin restaurants, a total of 496 restaurants. In Q1, the company opened four new Red Robin restaurants, and closed one full-service and one Red Robin's Burger Works restaurant.
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