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Red Robin Gourmet Burgers Q1 revenues down 25.3%

Christian Fernsby ▼ | June 11, 2020
Red Robin Gourmet Burgers first quarter total revenues were $306.1 million, down 25.3%, primarily resulting from the closure of the dining rooms, and operational shift to off-premise only in response to the coronavirus pandemic.
Red Robin Gourmet Burgers
Red Robin Gourmet Burgers   Operational shift
Comparable restaurant revenue decreased 20.8% for the quarter.

Topics: Red Robin Gourmet Burgers

Paul Murphy III, Red Robin's CEO, said: "We entered 2020 with accelerating business momentum, generating positive comparable restaurant revenue of 3.7% and positive Guest counts of 0.9% through the end of our second fiscal period."


 

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