Heard on the call: CEO discusses progress made on turnaround efforts
Red Robin Gourmet Burgers Inc. addressed recent cost cuts, immigration and the threat posed by fast-casual burger brands after reporting its turnaround efforts were gaining traction. Though commodity costs could rise as much as 6 percent this year, Red Robin’s April 17-ended first quarter was “a great kick start to 2011,” chief executive Steven Carley told securities analysts in a conference call late Thursday. Greenwood Village, Colo.-based Red Robin reported a nearly 76 ...
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