Friday, August 14, 2009

Red Robin Gourmet Burgers Reports Earnings for the Fiscal Second Quarter 2009

Financial and Operational Highlights
Highlights for the 12 weeks ended July 12, 2009, compared to the 12 weeks ended July 13, 2008, are as follows:
-Total revenues decreased 2.6% to $201.1 million.
-Restaurant revenue decreased 2.4% to $198.0 million.
-Company-owned comparable restaurant sales decreased 11.5%.
-Restaurant-level operating profit decreased 6.0% to $35.6 million.
-GAAP diluted earnings per share were $0.41 vs. $0.49 in the same period a year ago, which included a $0.03 charge for reacquired franchise costs and related acquisition integration expenses in the fiscal second quarter of 2008.

Read more:
http://phx.corporate-ir.net/phoenix.zhtml?c=131715&p=irol-newsArticle&ID=1320649&highlight=

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