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.

Price
Delayed
$8.80
Day's Change
-0.05 (-0.56%)
Bid
--
Ask
--
B/A Size
--
Day's High
8.90
Day's Low
8.63
Volume
(Light)

Today's volume of 107,325 shares is on pace to be much lighter than RRGB's 10-day average volume of 464,193 shares.

107,325

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Target Corporation with Losses of $100,000 to Contact the Firm

4:05 pm ET June 14, 2022 (Newsfile) Print

Los Angeles, California--(Newsfile Corp. - June 14, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Target Corporation ("Target" or "the Company") (NYSE: TGT) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Target announced its financial results for the first quarter of 2022 on May 18, 2022. The Company provided guidance for the second quarter of 2022, stating: "operating income margin rate [to] be in a wide range centered around first quarter's operating margin rate of 5.3 percent." Based on its results, shares of Target fell by more than 25% on the same day. Just three weeks later, the Company revised its guidance for its operating margin in the second quarter to "be in a range around 2%." Based on this news, shares of Target fell by another 2.3% on June 7, 2022.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.

310-301-3335

info@schallfirm.com

www.schallfirm.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127687

comtex tracking

COMTEX_408679382/2523/2022-06-14T16:05:26

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