Earnings To Watch: Red Robin (RRGB) Reports Q4 Results Tomorrow
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Red Robin will announce its Q4 earnings results tomorrow after market hours. Last quarter, it exceeded revenue expectations with $265.1 million, despite a 3.5% year-on-year decline. Analysts expect a 7.4% revenue drop this quarter. Competitors like Brinker International and Texas Roadhouse have reported mixed results. The dining sector has faced challenges, with Red Robin's shares down 4.3% recently, and an average analyst price target of $11.25 against a current price of $3.75.
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