Restaurant Equipment Articles : Red Robin Gourmet Burgers Reports Results for the Fiscal Fourth Quarter and Year Ended December 29 2013
Fourth quarter revenues were $241.9 million, an increase of 0.5% (12 weeks compared to 13 weeks); comparable sales increased 3.7%
Red Robin Gourmet Burgers Reports Results for the Fiscal Fourth Quarter and Year Ended December 29 2013
Fourth quarter revenues were $241.9 million, an increase of 0.5% (12 weeks compared to 13 weeks); comparable sales increased 3.7%
Red Robin Gourmet Burgers, Inc., (NASDAQ:RRGB) reported financial results for the 12 and 52 weeks ended December 29, 2013 compared to the 13 and 53 weeks ended December 30, 2012.
Financial Highlights
- Annual revenues exceeded $1.0 billion; fiscal year 2013 comparable sales grew 4.0%
- Fourth quarter revenues were $241.9 million, an increase of 0.5% (12 weeks compared to 13 weeks); comparable sales increased 3.7%
- Restaurant-level operating profit margin increased to 21.7% from 20.6% (See Schedule II)
- GAAP earnings per diluted share were $0.48 in the fourth quarter (12 weeks), compared to $0.45 a year ago (13 weeks)
- Adjusted earnings per diluted share were $0.62 in the fourth quarter (12 weeks) versus $0.59 (13 weeks) (See Schedule I)
Net income for the 12 weeks ended December 29, 2013 was $7.0 million
Restaurant Equipment Articles : Red Robin Gourmet Burgers Reports Results for the Fiscal Fourth Quarter and Year Ended December 29 2013
Fourth quarter revenues were $241.9 million, an increase of 0.5% (12 weeks compared to 13 weeks); comparable sales increased 3.7%
Red Robin Gourmet Burgers Reports Results for the Fiscal Fourth Quarter and Year Ended December 29 2013
Fourth quarter revenues were $241.9 million, an increase of 0.5% (12 weeks compared to 13 weeks); comparable sales increased 3.7%
Red Robin Gourmet Burgers, Inc., (NASDAQ:RRGB) reported financial results for the 12 and 52 weeks ended December 29, 2013 compared to the 13 and 53 weeks ended December 30, 2012.
Financial Highlights
- Annual revenues exceeded $1.0 billion; fiscal year 2013 comparable sales grew 4.0%
- Fourth quarter revenues were $241.9 million, an increase of 0.5% (12 weeks compared to 13 weeks); comparable sales increased 3.7%
- Restaurant-level operating profit margin increased to 21.7% from 20.6% (See Schedule II)
- GAAP earnings per diluted share were $0.48 in the fourth quarter (12 weeks), compared to $0.45 a year ago (13 weeks)
- Adjusted earnings per diluted share were $0.62 in the fourth quarter (12 weeks) versus $0.59 (13 weeks) (See Schedule I)
Net income for the 12 weeks ended December 29, 2013 was $7.0 million