ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — Red Robin Gourmet Burgers Inc. (RRGB) on Thursday reported a loss of $9.5 million in its second quarter.
On a per-share basis, the Englewood, Colorado-based company said it had a loss of 61 cents. Losses, adjusted for non-recurring costs, came to 48 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share.
The casual restaurant chain posted revenue of $300.2 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $295.6 million.
Red Robin expects full-year revenue of $1.25 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRGB at https://www.zacks.com/ap/RRGB
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