The performance of Red Robin was merely satisfactory, owing ...
The performance of Red Robin was merely satisfactory, owing to a reduced gross margin and descending same store sales. Compounded by a contracting physical store presence and declining demand, they now depend on increased foot traffic or larger orders at existing outlets for revenue growth.
Red Robin (NASDAQ:RRGB) Reports Q3 In Line With Expectations
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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