Red Robin's 2Q net income rises 44%

Red Robin's 2Q net income rises 44%

Red Robin Gourmet Burgers Inc. reported on Thursday a 44-percent increase in net income for its July 14-ended second quarter, despite a still-challenged macroeconomic environment and traffic trends that remained slightly negative.
 

NET INCOME

Result: $11.1 million, or 77 cents per share
% Increase: 44% (from $7.7 million, or 52 cents per share)

REVENUE

Result: $238.3 million
% Increase: 6.5% (from $223.7 million)

SAME-STORE SALES

% Increase at company-owned restaurants: 4.3%

Source: Company report



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Contact Lisa Jennings at [email protected].
Follow her on Twitter: @livetodineout

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