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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!