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Gainers: Mer Telemanagement Solutions (MTSL) +14%. Yunhong CTI (CTIB) +13%. The Container Store Group (TCS) +12%. Beyond Meat (BYND) +10%. Ayro (AYRO) +11%.Losers: Emerald Holding (EEX) -14%. United Natural Foods (UNFI) -12%. LAIX (LAIX) -10%. Red Robin Gourmet Burger...
The restaurant sector trades weak with 40 out of 50 stocks in negative territory on a flat day for the market overall. Some broadly negative news on COVID-19 trends, including higher hospitalizations due to the virus across the Midwest, could be impacting sentiment. There is also the uncertai...
RRGB has seen heavy pressure on margins and revenues due to pandemic-related shifts to conducting business. Comp sales are still deep in the negatives, and average weekly sales have doubled since March, but are still over 20% lower than the year-ago quarter. Cash burn for Q3 is ex...
Tiffany corrects inaccurate statements by LVMH regarding the merger agreement. LVMH submits a deal for European Commission for approval. Merger arbitrage cash spreads narrow as the broader market continues its downward trend. For further details see: Merger Arbitrage Ana...
The restaurant sector is down sharply with chains relying on dine-in traffic leading the way. The negative vibe from investors is centered on concerns over COVID-19 flareups pushing back the return to normalcy timeline. Big Pharma CEOs have also been vocal recently about the length of time an...
About 60% of businesses that have closed their doors during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp . More news on: McDonald's Corporation, Restaurant Brands International Inc., Yum! Brands, Inc., Consumer stocks ...
Strongbridge Biopharma (NASDAQ: SBBP ) -16% after pricing $25M share offering. More news on: Strongbridge Biopharma plc, NuCana plc, Dave & Buster's Entertainment, Inc., Stocks on the move, , Read more ...
Red Robin Gourmet Burgers (NASDAQ: RRGB ) reports sequential improvement in comparable restaurant revenues with the expansion of outdoor seating capacity for the week ended Sept. 6. More news on: Red Robin Gourmet Burgers, Inc., Stocks on the move, Consumer stocks news, Read more ....
Comparable Restaurant Revenues Improving Sequentially with the Expansion of Outdoor Seating Capacity Company to Present at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on September 14 Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or t...
Over the last few years, I've postulated that a restaurant industry bubble -- driven by better-burger upstarts in particular -- was brewing. I never would have guessed a pandemic was what would stem the tide of restaurant real estate expansion at ever-lower profit margins. Heading into 2020, R...
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RED ROBIN RELEASES A BURGER WORTH ITS WEIGHT IN GOLD: THE GOLD MEDAL BURGER PR Newswire Take on Red Robin's Gold Medal Burger and wash it down with a Star-Spangled Spritzer through Aug. 11 ENGLEWOOD, Colo. , June 18, 2024 /PRNewswire/ -- Straight...
2024-05-30 11:00:10 ET Mark Smith from Loop Capital Markets issued a price target of $17.00 for RRGB on 2024-05-30 09:17:00. The adjusted price target was set to $17.00. At the time of the announcement, RRGB was trading at $8.07. The overall price target consensus is at ...
Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal First Quarter Ended April 21, 2024 PR Newswire Delivered positive comparable restaurant revenue in the first five weeks of the second quarter Launched new loyalty program on May 22nd Repai...