HOME ZACKS RESEARCH FUNDS PORTFOLIO BROKER RESEARCH MARKETS SCREENING VIDEO EDUCATION SERVICES
Zacks Rank    Equity Research    Premium Home    My Account    Help    
Quote:
Login Free Membership
Search:

Bear of the Day

Red Robin Gourmet Burgers (RRGB)

Share
By: Zacks Equity Research
October 19, 2009 |Comments: 0
Recommended this article (0)

Red Robin Gourmet Burgers Inc. (RRGB) is vulnerable to economic headwinds, and we believe that the stock will continue to underperform the restaurant industry. Impeding the growth is its sagging same-store sales and declining traffic counts.

The company's second-quarter 2009 same-store sales fell 11.5%. The chain expects guest counts to remain negative, and expects restaurant-level operating margins to decline by 50 to 80 basis points in fiscal year 2009.

In addition, more than 50% of total restaurants are located in areas, which have been hit hard by the housing downturn and economic slowdown. This may dampen the company's growth potential.

Red Robin Gourmet Burgers (RRGB) : FULL ANALYST REPORT

Bear of the Day
Every day we feature one stock with a Zacks Recommendation of Sell that is set to underperform over the next 6+ months. We also provide you with free access to the in-depth research report on the stock. If you would like to see all our Buy and Sell rated stocks and in-depth research reports, then check out  Zacks Premium.

Read the full analyst report on RRGB

 
Add a Comment

Please login or register to post a comment


Email

Print

Share

Rate Pos

Rate Neg

Comment

More Zacks Resources

Market Summary Feb 10, 2012 10:58 am ET
DJIA 12774.93  -115.53 -0.90%
NASD 2906.35  -20.88 -0.71%
S&P 500 1341.07  -10.88 -0.80%
Partner Center