GREENWOOD VILLAGE Colo. Red Robin Gourmet Burgers Inc. cut its annual earnings outlook and reduced its sales expectations on Thursday despite a second quarter of improved profit and a 15.6-percent jump in revenues. The operator or franchisor of more than 400 namesake restaurants said it remained “concerned about the macroeconomic factors impacting the casual-dining industry.”“While we believe our branding efforts and restaurant initiatives are making a positive impact on our ...
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Contact: Desiree Torres Desiree.Torres@penton.com