Red Robin Gourmet Burgers Continues To See FY23 Total Revenue Of At least $1.3B; Est. $1.31B
Portfolio Pulse from Benzinga Newsdesk
Red Robin Gourmet Burgers (RRGB) has reiterated its forecast for FY23 total revenue of at least $1.3 billion, which is in line with the estimated $1.31 billion.
August 17, 2023 | 8:07 pm
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NEUTRAL IMPACT
Red Robin Gourmet Burgers has confirmed its FY23 total revenue forecast of at least $1.3 billion, matching the estimated $1.31 billion.
Red Robin Gourmet Burgers' confirmation of its FY23 revenue forecast aligns with the current estimate, indicating that the company's financial performance is on track. This news is directly relevant to RRGB and important for investors, but it doesn't suggest a change in the stock's direction in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100