Despite a 59-percent surge in second-quarter profit, and stock prices jumps on Thursday and Friday, Red Robin Gourmet Burgers Inc. chief executive Steve Carley remains cautious. The casual-dining chain’s same-store sales have been steadily positive and improving, but mainly based on average check increases that have overshadowed guest traffic declines. Carley said those traffic declines are continuing into the third quarter and could be the trend for the year as consumers deal with ...
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Contact: Desiree Torres Desiree.Torres@penton.com