Red Robin Gourmet Burgers Inc
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Consumer Discretionary : Hotels, Restaurants & Leisure | Small Cap Value
Company profile

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, primarily operates, franchises, and develops full-service restaurants in North America. The Company's menu features a line of Gourmet Burgers made from fresh ground beef, as well as line of Red's Tavern Double burgers, and Red Robin's Finest line made with toppings. It also offers burgers made with other proteins, including chicken breasts (grilled or fried), turkey patties, as well as a vegetarian patty and the plant-based burger patty. The Company offers a range of buns, including gluten free, sesame, brioche, and lettuce wraps, with a variety of toppings, including house-made sauces, crispy onion straws, sauteed mushrooms, several cheese choices, and a fried egg. Its beverages include alcoholic and non-alcoholic specialty drinks, cocktails, wine, and a variety of national and craft beers. The Company also offer a range of single-serve and shareable desserts, as well as its milkshakes.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$8.81
Day's Change
-0.04 (-0.45%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
8.90
Day's Low
8.63
Volume
(Light)
Volume:
110,585

10-day average volume:
464,193
110,585

Mastercard can bring on new customers in India after winning regulatory clearance

1:47 pm ET June 16, 2022 (MarketWatch)
Print

By Emily Bary

India's central bank had imposed restrictions on the payments giant last summer

Mastercard Inc. can now onboard new customers in India after the country's central bank lifted restrictions that had been imposed upon the company last summer.

The Reserve Bank of India said Thursday that it would be lifting the limits on Mastercard (MA) as the payments giant demonstrated "satisfactory compliance" with the country's rules around the storage of payments data.

"We welcome and are grateful for today's decision by the Reserve Bank of India (RBI), enabling us to resume onboarding of new domestic customers (debit, credit and prepaid) onto our card network in the country with immediate effect," a Mastercard spokesperson said in a statement. "As we have in our engagement with the RBI, we reaffirm our commitment to support the digital needs of India, its people and its businesses."

Mastercard added that it will continue "to ensure ongoing delivery against the goals and regulatory requirements that have been established" and continue to "invest in the country's future."

Despite the regulatory achievement in India, Mastercard shares are off 5.3% in Thursday afternoon trading and heading toward their worst day in more than a month amid broad-market weakness. The S&P 500 is off about 120 points, or 3.2%, in Thursday's session.

-Emily Bary

	

(END) Dow Jones Newswires

June 16, 2022 13:47 ET (17:47 GMT)

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