Latest news with #RedRobin
San Francisco Chronicle
8 hours ago
- Business
- San Francisco Chronicle
Red Robin: Q2 Earnings Snapshot
ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — Red Robin Gourmet Burgers Inc. (RRGB) on Wednesday reported earnings of $4 million in its second quarter. The Englewood, Colorado-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring costs, were 26 cents per share. The casual restaurant chain posted revenue of $283.7 million in the period. Red Robin expects full-year revenue of $1.2 billion. _____
Yahoo
a day ago
- Business
- Yahoo
Why Is Red Robin (RRGB) Stock Rocketing Higher Today
What Happened? Shares of burger restaurant chain Red Robin (NASDAQ:RRGB) jumped 6.6% in the afternoon session after investors cheered a government report showing that inflation remained steady in July. The steady inflation figures have fueled expectations that the Federal Reserve may soon consider an interest rate cut to stimulate the economy, a move that would likely benefit consumer discretionary spending, including dining out. The July Consumer Price Index (CPI) rose 2.7% from a year earlier, meeting the previous month's pace and coming in slightly below economists' expectations of a 2.8% increase. On a monthly basis, the CPI rose 0.2%, a slowdown from the 0.3% increase seen in June. While the cost of dining out continued to climb, rising 0.3% in July, this was offset by a 0.1% dip in grocery prices, contributing to the overall stable inflation picture. The market's positive reaction sent major stock indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, soaring. This optimism spilled over into the restaurant sector, which has been grappling with a challenging macroeconomic environment marked by high costs and concerns over consumer traffic. After the initial pop the shares cooled down to $6.17, up 4.9% from previous close. Is now the time to buy Red Robin? Access our full analysis report here, it's free. What Is The Market Telling Us Red Robin's shares are extremely volatile and have had 69 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 11 days ago when the stock dropped 3% on the news that a surprisingly weak U.S. jobs report and renewed fears over international trade policy fueled concerns about a slowdown in consumer spending. The July 2025 jobs report revealed that hiring slowed dramatically, with the U.S. economy adding only 73,000 new jobs—the weakest gain in over two years. Furthermore, job numbers for May and June were revised significantly lower, suggesting the labor market is weaker than previously thought. This is a critical headwind for restaurants, as a shaky job market often leads consumers to cut back on discretionary spending like dining out. Compounding the issue, the announcement of new U.S. tariffs on trading partners has heightened fears of inflation and a broader economic slowdown, prompting investors to sell shares in consumer-facing sectors. Red Robin is up 8.8% since the beginning of the year, but at $6.17 per share, it is still trading 17.1% below its 52-week high of $7.44 from July 2025. Investors who bought $1,000 worth of Red Robin's shares 5 years ago would now be looking at an investment worth $644.05. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-08-2025
- Business
- Yahoo
Dine Brands, Potbelly, Red Robin, Jack in the Box, and Wingstop Stocks Trade Down, What You Need To Know
What Happened? A number of stocks fell in the afternoon session after a surprisingly weak U.S. jobs report and renewed fears over international trade policy fueled concerns about a slowdown in consumer spending. The July 2025 jobs report revealed that hiring slowed dramatically, with the U.S. economy adding only 73,000 new jobs—the weakest gain in over two years. Furthermore, job numbers for May and June were revised significantly lower, suggesting the labor market is weaker than previously thought. This is a critical headwind for restaurants, as a shaky job market often leads consumers to cut back on discretionary spending like dining out. Compounding the issue, the announcement of new U.S. tariffs on trading partners has heightened fears of inflation and a broader economic slowdown, prompting investors to sell shares in consumer-facing sectors. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Sit-Down Dining company Dine Brands (NYSE:DIN) fell 3.6%. Is now the time to buy Dine Brands? Access our full analysis report here, it's free. Modern Fast Food company Potbelly (NASDAQ:PBPB) fell 4.7%. Is now the time to buy Potbelly? Access our full analysis report here, it's free. Sit-Down Dining company Red Robin (NASDAQ:RRGB) fell 3%. Is now the time to buy Red Robin? Access our full analysis report here, it's free. Traditional Fast Food company Jack in the Box (NASDAQ:JACK) fell 3%. Is now the time to buy Jack in the Box? Access our full analysis report here, it's free. Modern Fast Food company Wingstop (NASDAQ:WING) fell 4%. Is now the time to buy Wingstop? Access our full analysis report here, it's free. Zooming In On Potbelly (PBPB) Potbelly's shares are quite volatile and have had 19 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock gained 22.6% on the news that the company reported strong first quarter 2025 results which significantly beat analysts' EPS and EBITDA and sales estimates. System-wide sales grew nearly 5%, powered by an increase in shop openings and solid performance from both company-owned and franchise locations. Franchise development was a particular strength in the quarter. Potbelly opened four new shops and secured commitments for 40 more, laying a solid foundation for scalable, recurring growth. Zooming out, we think this quarter featured some important positives. Potbelly is up 22.4% since the beginning of the year, but at $11.47 per share, it is still trading 13.8% below its 52-week high of $13.30 from February 2025. Investors who bought $1,000 worth of Potbelly's shares 5 years ago would now be looking at an investment worth $3,343. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
Why Red Robin (RRGB) Stock Is Trading Lower Today
Shares of burger restaurant chain Red Robin (NASDAQ:RRGB) fell 4.7% in the afternoon session after the company continued to navigate a challenging environment marked by store closures and significant financial losses. The company has been grappling with the effects of rising dining costs, which has led to a pullback in consumer spending at fast-casual restaurants. In response to these pressures, Red Robin has been strategically closing underperforming locations. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Red Robin? Access our full analysis report here, it's free. Red Robin's shares are extremely volatile and have had 67 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Red Robin is up 0.7% since the beginning of the year, but at $5.71 per share, it is still trading 17.1% below its 52-week high of $6.89 from July 2025. Investors who bought $1,000 worth of Red Robin's shares 5 years ago would now be looking at an investment worth $763.37. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNET
14-07-2025
- General
- CNET
Are You Seasoning Your Meat Too Soon? I Asked Chefs About the 7 Biggest Grilling Mistakes
If you feel like you're still winging it every time you fire up the grill, you're not alone. Unlike stovetop cooking, grilling is a seasonal sport. It hinges on sunny skies and more daylight, which means the window for outdoor cooking practice is limited in many parts of the country. Even if you feel like you have the hang of the hibachi, you may be underwhelmed by your own efforts and wondering why your steaks are subpar and your burgers are just OK. It could be one of several common grilling mistakes that include moving meat too much once it's on the grill, seasoning too early and not properly cleaning the grates. To find out what the biggest grilling blunders are and how to avoid them, I spoke with experts on the matter -- chefs. Here are seven grilling mistakes you might be making, with suggestions on how to beef up your grilling game. 1. Not properly cleaning your grill grates We have a guide to cleaning your grill, a task you should complete after every session. Taylor Martin/CNET Before you even get the heat going, consider the condition of your grill grates. Last year's caked-on proteins don't count as extra seasoning and may be contributing to off flavors and textures. "It is essential to prepare your grill surface prior to cooking by properly cleaning it and lightly oiling it," says Brian Sullivan, executive chef and vice president of Culinary & Beverage Innovation at Red Robin. "If your grill grates are dirty or your grill surface is dry, your meat and vegetables can stick or develop an uneven sear," he says. "You should preheat your grill for 10 to 15 minutes and utilize a grill brush to remove residue." Use a pair of grill tongs and a paper towel or clean cloth to apply a light coating of a neutral, high heat cooking oil such as avocado or canola to the grates. 2. Not pre-heating properly Preheating your grill is essential for achieving that coveted crust without overcooking the meat. David Watsky/CNET Speaking of pre-heating, do it like you mean it, regardless of whether your grates need cleaning. "A cold or unevenly heated grill causes food to stick, cook unevenly or dry out," says Chef Antimo DiMeo of Bardea Restaurant Group in Wilmington, Delaware. "You also miss out on proper searing and it's that crust that equals flavor when you grill." DiMeo suggests preheating your grill for at least 10 to 15 minutes with the lid closed until it reaches the proper cooking temperature, usually 450 to 500°F for high heat. The heat will decline somewhat once you open the lid. 3. Seasoning too soon You don't need to season your meat hours beforehand as the salt may start to cure it. Chris Wedel/CNET Marinades and dry rubs can create tremendous flavor but for simple salt and pepper, hold off on seasoning until the last minute. "Only season the outside of the meat right before it goes on the grill," says Sonny Ingui, executive chef at Philadelphia's Urban Farmer. This goes for whole meats like steaks so that moisture doesn't get drawn out and wet the surface, but also for burgers. "Don't mix in the seasoning beforehand or you may start to cure the meat," says Ingui, and create a texture that's more like meatloaf than burger. 4. Moving the food around too much Try to leave that meat alone until it's time to flip. David Watsky/CNET High-heat grilling is a relatively quick cooking method but patience is still needed to develop the smoky char or definitive grill marks that you want. "You need to let the food develop a crust before flipping," says DiMeo, "which usually takes three to five minutes depending on the thickness of the protein and the heat." Most proteins need little more than a single flip, plus one rotation for those cross-hatched grill marks. Resist the urge to constantly check for those marks by flipping, or moving everything around constantly. "Moving prematurely prevents proper searing, leads to uneven cooking and increases the risk of tearing the protein or losing moisture," he says. 5. Not managing the heat correctly Not everything needs to be cooked over direct heat. David Watsky/CNET Not everything needs to be on the highest heat all the time when grilling. "I would say the single biggest mistake people make when using the grill is heat management," says AJ Capella, executive chef of Summit House in Summit, New Jersey. "It seems to me that so many people associate grilling with fire for obvious reasons but this usually leads to using much too high of a temperature. When people grill over super high heat it causes the flames to flare up and makes the outside of the food char. These flare ups cause the oil on the outside of the food to burn and you get a charred, bitter flavor." Furthermore, you should be creating different temperature zones within your grill, and not relying entirely on direct heat for everything. "High direct heat can scorch the outside while leaving the inside raw," says DiMeo. "Start thicker cuts or bone-in meats on the indirect side to cook through gently, then move to direct heat for a final sear." He suggests setting up a two-zone grill: one side with high direct heat, the other with indirect heat. Indirect heat refers to that which isn't coming directly from the coals or gas. It could be an upper level of grates or the side of the grill away from the heat source. 6. Using too much oil An inexpensive oil sprayer can stop you using too much. Wonderchef Besides the light coating on the grates themselves and the natural fat in the food, grilled items shouldn't be dripping with oil or a marinade when they take to the grill, which can affect the heat and their flavor. "The oil dripping off can also cause flare ups," says Capella. "If the fire flares you should immediately move the food away from the flame. It gives off a very off-putting gas flavor." 7. Not letting the food rest Not letting meat rest before slicing it is one of the most common grilling errors. John Carlsen/CNET Animal proteins need a moment between the grates and plates, whole meats and ground meats both, which helps them retain their moisture and tenderness. You may instinctively do this for whole cuts, but it's important for burgers, too. "When you don't let a burger patty rest, its juices will run out of the patty as soon as you bite or cut into the burger and the bun will become soggy," says Sullivan. "When the patties are done cooking, place them on a plate or cutting board and let them rest for three to five minutes before assembling." For more barbecue intel, see the 7 foods you should never grill and learn how to clean your grill properly for tastier eats.
