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Red Robin Gourmet Burgers Inc  (RRGB)
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EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit

A $2 million tax benefit, helped Red Robin Gourmet Burgers Inc to post $0.13 eps in the third quarter 2018

port_By_Abellman_(Own work)_or__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the third quarter 2018 Red Robin Gourmet Burgers Inc income dropped by -38.1 % of $0.13 per share compare to $0.21 a year ago and EPS turn positive from $-0.14 per share from the previous quarter.

Sales contracted by -3.08 % to $295 millions from $304 millions in the same quarter a year ago and sequentially Sales decreased by -6.5 % from $315 millions.



Net income of $2 millions in the third quarter 2018 fell by -37.03 % from $3 millions in the corresponding period a year before.

The situation for Red Robin Gourmet Burgers Inc would be even worse, if there wasn't $2 million tax benefit, to restrain the decline to just -37.03 % in the third quarter 2018. Looking further into third quarter 2018 Red Robin Gourmet Burgers Inc's profitability, operating margin mitigated to 0.61%, and net margin shrank to 0.58%.


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Other RRGB's Earnings Reports

Red Robin Gourmet Burgers Inc reported second quarter 2018 earnings

Red Robin Gourmet Burgers Inc reported first quarter 2018 earnings

Red Robin Gourmet Burgers Inc reported forth quarter 2017 earnings

     
       
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