Community Programs and Quarterly Financial Results - Research Report on Brinker International, Red Robin, Texas Roadhouse, Fiesta, and BJ's Restaurants
NEW YORK, November 8, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Brinker International, Inc. (NYSE: EAT), Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB), Texas Roadhouse, Inc. (NASDAQ: TXRH), Fiesta Restaurant Group, Inc. (NASDAQ: FRGI), and BJ's Restaurants, Inc. (NASDAQ: BJRI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Brinker International, Inc. Research Report
On November 5, 2013, Brinker International, Inc. (Brinker International) reported that each year, its flagship brand, Chili's, honors veterans and active military personnel with free entrees as a delicious and filling token of thanks. However, in 2013, Brinker International stated that Chili's is taking their appreciation one step further and making it easy for guests to pay back the injured servicemen and women who have done so much for the country by hosting a 'Give Back Event' on Sunday, November 10, 2013 to raise money for Wounded Warrior Project (WWP), a nonprofit, nonpartisan organization whose mission is to honor and empower Wounded Warriors. Krista Gibson, Senior Vice President of Brand Strategy for Chili's, commented, "We pride ourselves on our culture of giving back locally, and with the addition of a nationwide Give Back Event benefitting Wounded Warrior Project, Chili's guests can support the injured servicemen and women in their community as well as across the country." The Full Research Report on Brinker International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/aeda_EAT]
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Red Robin Gourmet Burgers Inc. Research Report
On November 5, 2013, Red Robin Gourmet Burgers Inc. (Red Robin) released its Q3 FY 2013 financial results (period ended October 6, 2013). Red Robin registered total revenues of $230.7 million, up 8.1% YoY in Q3 FY 2013. The Company posted net income of $4.7 million, compared to $3.5 million in Q3 FY 2012, while diluted EPS came in at $0.32, compared to $0.24 diluted EPS in Q3 FY 2012. Steve Carley, Red Robin's CEO, stated, "The changes we made this summer in our menu and presentation, as well as our new marketing approach, helped us return to positive guest traffic. Looking ahead, we know consumers continue to feel challenged finding great value and a great casual dining experience. As we fight the day-to-day battle for guest traffic and share, we remain focused on long-term initiatives that will continue to build the brand for the future, but may take some time to bear fruit." The Full Research Report on Red Robin Gourmet Burgers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/75ac_RRGB]
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Texas Roadhouse, Inc. Research Report
On October 28, 2013, Texas Roadhouse, Inc. (Texas Roadhouse) released its Q3 FY 2013 results (period ended September 24, 2013). Texas Roadhouse registered total revenues of $334.8 million in Q3 FY 2013, up 8.5% YoY. The Company posted net income of $17.2 million, down 5.0% YoY, and diluted EPS of $0.24, down 4.0% YoY in Q3 FY 2013. Kent Taylor, CEO of Texas Roadhouse, said, "Our top-line momentum continued this quarter highlighted by positive comparable restaurant sales, including positive traffic growth, and strong performance from our newest restaurants. However, we continue to be challenged by high single-digit commodity cost inflation and higher pre-opening costs this quarter. Looking ahead, we are encouraged by expectations of much lower commodity cost inflation in 2014, and we are excited to be on pace for another year of 25 to 30 restaurant openings." The Full Research Report on Texas Roadhouse, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/2078_TXRH]
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Fiesta Restaurant Group, Inc. Research Report
On November 5, 2013, Fiesta Restaurant Group, Inc. (Fiesta) released its Q3 FY 2013 results (period ended September 29, 2013). During the quarter, Fiesta registered total revenues of $140.7 million, up 9.8% YoY; net income of $5.0 million, up 38.2% YoY; and diluted EPS of $0.21, up 31.3% YoY. Tim Taft, President and CEO of Fiesta commented, "We had an exceptionally strong third quarter characterized by positive comparable restaurant sales, increased restaurant-level profitability and meaningful growth in earnings per share. Additionally, the infrastructure investments we've made have enabled us to substantially complete the administrative transition from Carrols while further providing ongoing support to our growing restaurant footprint. We expect to end 2013 with 18 new company-owned restaurants, of which 12 are Pollo Tropical and six are Taco Cabana." The Full Research Report on Fiesta Restaurant Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/2db7_FRGI]
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BJ's Restaurants, Inc. Research Report
On October 24, 2013, BJ's Restaurants, Inc. (BJ's Restaurants) released its Q3 FY 2013 results (period ended October 1, 2013). BJ's Restaurants registered revenues of $188.2 million, up 7.4% YoY. The Company posted net income of $3.6 million and diluted EPS of $0.13 in Q3 FY 2013, as compared to net income of $6.8 million and diluted EPS of $0.24 in Q3 FY 2012. Greg Trojan, President and CEO of BJ's Restaurants said, "We are looking forward to nearly doubling the size of BJ's during the next five years. With only 143 restaurants opened in 15 states as of today, the majority of our growth remains well ahead of us." The Full Research Report on BJ's Restaurants, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/43fb_BJRI]
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