Red Robin Sees Prelim. Q4 Sales $302.9M vs $301.48M Est.; Sees Prelim. Comparable Restaurant Revenue Up 1.3%, Comparable Restaurant Guest Counts Down 3.4%

Preliminary Fourth Quarter 2019 Revenue Summary Compared to Fourth Quarter 2018 Comparable restaurant revenue increased 1.3%; Comparable restaurant guest counts decreased 3.4%; Off-premise sales, including catering,

Benzinga · 01/13/2020 12:12

Preliminary Fourth Quarter 2019 Revenue Summary Compared to Fourth Quarter 2018

  • Comparable restaurant revenue increased 1.3%;
  • Comparable restaurant guest counts decreased 3.4%;
  • Off-premise sales, including catering, increased 26.9% and comprised 13.9% of total food and beverage sales, including catering; and
  • Total revenues were $302.9 million, a decrease of 1.2%, primarily due to restaurant closures, partially offset by the increase in comparable restaurant revenue.