Red Robin 3Q net income jumps 53%

Red Robin 3Q net income jumps 53%

Operator regains momentum with return to value message

Red Robin Gourmet Burgers Inc.’s net income rose 53 percent during the third quarter ended Oct. 5, the company reported Tuesday, signaling a regain in momentum.

The results included a $400,000, or 3 cent per share, after tax acquisition cost related to the purchase of 32 franchised restaurants for $40 million. The quarter also included a $500,000, or 4 cents per share, impact from a tax credit.

Revenue rose nearly 16 percent during the quarter on same-s

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