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Red Robin Gourmet Burgers (RRGB) Is Losing Ground After Q1 Miss

Red Robin Gourmet Burgers (RRGB) reported first quarter adjusted EPS of $0.69 after the bell Tuesday, down from $0.89 in the prior year period. The consensus estimate was for EPS of $0.75. The stock is now down 8.85 on 105K shares.

Red Robin Gourmet Burgers declined during the first hour of trade Tuesday and finished with a loss of 2.75 at $57.95. The stock dropped to a month and a half low.

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