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Red Robin Gourmet Burgers Inc  (RRGB)
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    Sector  Services    Industry Restaurants


Decline in Earnings despite Increase in Demand

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Red Robin Gourmet Burgers Inc announced first quarter 2017 operating income of $17.458 millions

Red Robin Gourmet Burgers Inc reported declining eps on increasing revenue in the first quarter 2017, where Sales grew by 4.09 % to $419 millions in comparison to $402 millions on a year-over-year basis, while income fell by -13.59 % to $0.89 per share, income per share was $1.03 in the same quarter a year ago.

In the previous quarter company realized Sales of $291 millions and bottom line of $-0.68 per share.

Net income of $12 millions in the first quarter 2017 fell by -18.69 % from $14 millions in the corresponding period a year before. Red Robin Gourmet Burgers Inc shifted it's focus on improving sales in the first quarter 2017, as a result net margin eased to 2.76%.
Other RRGB's Earnings Reports

Red Robin Gourmet Burgers Inc reported forth quarter 2016 earnings

Red Robin Gourmet Burgers Inc reported third quarter 2016 earnings

Red Robin Gourmet Burgers Inc reported second quarter 2016 earnings

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