Red Robin Gourmet Burgers (RRGB) has had a tough run lately. Recently reporting first quarter earnings that failed to excite, the stock is trading near 52 week lows. The gourmet burger chain has a turbulent history of up and down earnings, and subsequent similarities in the stock performance. It's tough to defend the stock price after seeing the restaurant chain's Q1 results. Red Robin reported weaknesses across the board on their income statement. Revenues decreased 2.8% year over year to $409.9 million.
The company seems to have a comp store sales problem. Comp