Red Robin 1Q profit rises 26%

Red Robin 1Q profit rises 26%

Same-store sales rose 5.4% at corporate units

Red Robin Gourmet Burgers Inc. reported Tuesday a 26-percent increase in net income for its April 21-ended first quarter, saying its new line of premium Black Angus burgers and increased advertising boosted sales.

A 5.4-percent increase in company-owned unit same-store sales included a 0.5-percent increase in traffic, with average check rising 4.9 percent, the company said. Greenwood Village, Colo.-based Red Robin ended the quarter with 496 restaurants, including 362 company-

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.