>Red Robin Gourmet Burgers Reports Earnings for the Fiscal Fourth Quarter and Year Ended December 27, 2009

Share Button

>GREENWOOD VILLAGE, Colo., Feb 18, 2010 (BUSINESS WIRE) — Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the 12 and 52 weeks ended December 27, 2009 and announced several key governance changes impacting the Company.
Financial and Operational Results

Results for the 12 weeks ended December 27, 2009, compared to the 12 weeks ended December 28, 2008, are as follows:

Restaurant revenue decreased 8.2% to $179.6 million.
Company-owned comparable restaurant sales decreased 10.5%.
Restaurant-level operating profit decreased 19.8% to $31.2 million.

Read more:

About the Author