Fast food is getting faster, data shows [Yahoo! Finance]
Red Robin Gourmet Burgers, Inc. (RRGB)
Last red robin gourmet burgers, inc. earnings: 2/25 04:05 pm
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Source: Yahoo! Finance
Dive Brief: Visits at QSR and fast casual restaurants continued to outstrip full-service dining competitors throughout 2023, according to a whitepaper from Placer.ai emailed to Restaurant Dive. The QSR and fast casual segments have seen visits rise year over year each quarter since at least Q1 2023, while full-service chains saw traffic slide in Q2 and Q3 2023. Full-service traffic was virtually flat in Q4 2023 and Q1 2024, according to Placer.ai. Placer.ai argues the continued divergence in visit numbers between categories may be due to the higher speed of service in QSR and fast casual. Simply put, fast food is getting faster, which increases the segment's edge over others and may eventually drive some full-service chains to look to faster production methods during low-traffic dayparts. Dive Insight: Several major QSR chains studied by Placer.ai have seen speed of service improve over recent years. For example, the share of Taco Bell visits lasting 10 minutes or less ro
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RRGB
News
- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) is now covered by analysts at Craig Hallum. They set a "buy" rating and a $20.00 price target on the stock.MarketBeat
- Is There An Opportunity With Red Robin Gourmet Burgers, Inc.'s (NASDAQ:RRGB) 29% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $18.00 price target on the stock.MarketBeat
- Buffalo Wild Wings leans into Go takeout format as a third of sales move off premises [CNBC]CNBC
RRGB
Earnings
- 2/28/24 - Miss
RRGB
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- RRGB's page on the SEC website