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Hot Stocks
Red Robin raises $30M through ATM equity offering program » 08:35
06/17/20
06/17
08:35
06/17/20
08:35
RRGB

Red Robin

$12.06 /

-0.7 (-5.49%)

Red Robin announced that…

Red Robin announced that it has raised approximately $30M through its at-the-market equity offering program, or ATM program, satisfying the terms of its amended credit agreement. The issuance of this equity meets the "Minimum Capital Event" as defined in the first amendment to credit agreement and waiver to the company's amended and restated credit agreement. Therefore, the lenders have suspended the application of the leverage ratio covenant and FCCR covenant, in each case, through December 27 and increased the maximum leverage permitted for purposes of the leverage ratio covenant for each of the first three fiscal quarters ending in 2021. The company intends to use the net proceeds from sales of shares of its common stock under the ATM program for general corporate purposes, including repayment of indebtedness.

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RRGB Red Robin
$12.06 /

-0.7 (-5.49%)

RRGB Red Robin
$12.06 /

-0.7 (-5.49%)

06/11/20 Wells Fargo
Red Robin price target lowered to $14 from $30 at Wells Fargo
02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
RRGB Red Robin
$12.06 /

-0.7 (-5.49%)

RRGB Red Robin
$12.06 /

-0.7 (-5.49%)

RRGB Red Robin
$12.06 /

-0.7 (-5.49%)

Syndicate
Red Robin announces $40M at-the-market equity offering program » 09:39
06/16/20
06/16
09:39
06/16/20
09:39
RRGB

Red Robin

$12.76 /

+0.46 (+3.74%)

Red Robin announced that…

Red Robin announced that it has filed a prospectus supplement with the SEC under which it may offer and sell shares of its common stock having an aggregate offering price of up to $40M from time to time through an "at-the-market" equity offering program. The Shares will be offered through J.P. Morgan Securities as distribution agent.

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RRGB Red Robin
$12.76 /

+0.46 (+3.74%)

RRGB Red Robin
$12.76 /

+0.46 (+3.74%)

06/11/20 Wells Fargo
Red Robin price target lowered to $14 from $30 at Wells Fargo
02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
RRGB Red Robin
$12.76 /

+0.46 (+3.74%)

RRGB Red Robin
$12.76 /

+0.46 (+3.74%)

RRGB Red Robin
$12.76 /

+0.46 (+3.74%)

Recommendations
Red Robin price target lowered to $14 from $30 at Wells Fargo » 08:15
06/11/20
06/11
08:15
06/11/20
08:15
RRGB

Red Robin

$14.54 /

-2.36 (-13.96%)

Wells Fargo analyst Jon…

Wells Fargo analyst Jon Tower lowered the firm's price target on Red Robin to $14 from $30 and keeps an Equal Weight rating on the shares. The analyst notes that the company continues to lag the recovery at other casual diners and believes this largely relates to a combination of higher exposure to more risk-averse families, a potentially sharper media fall off, and a portion of the store base in lower quality malls. All of these factors are likely to continue to cloud its absolute and relative recovery trajectory, Tower adds.

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RRGB Red Robin
$14.54 /

-2.36 (-13.96%)

RRGB Red Robin
$14.54 /

-2.36 (-13.96%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
RRGB Red Robin
$14.54 /

-2.36 (-13.96%)

RRGB Red Robin
$14.54 /

-2.36 (-13.96%)

RRGB Red Robin
$14.54 /

-2.36 (-13.96%)

On The Fly
Fly Intel: Pre-market Movers » 09:03
06/10/20
06/10
09:03
06/10/20
09:03
GMAB

Genmab

$28.80 /

+0.37 (+1.30%)

, FULC

Fulcrum Therapeutics

$21.18 /

+1.19 (+5.95%)

, TRUE

TrueCar

$2.89 /

-0.085 (-2.86%)

, DUO

FangDD Network

$60.00 /

+50 (+500.00%)

, LAKE

Lakeland Industries

$20.80 /

+5.2 (+33.33%)

, UNFI

United Natural Foods

$22.40 /

-0.2 (-0.88%)

, RRGB

Red Robin

$17.01 /

-2.17 (-11.31%)

, CMCM

Cheetah Mobile

$3.45 /

+0.02 (+0.58%)

, GME

GameStop

$4.75 /

-0.25 (-5.00%)

, SBUX

Starbucks

$82.37 /

-1.22 (-1.46%)

, SALT

Scorpio Bulkers

$18.85 /

-5.84 (-23.65%)

, CSII

Cardiovascular Systems

$36.00 /

-5.29 (-12.81%)

Check out this morning's…

Open Full Text

ShowHide Related Items >><<
UNFI United Natural Foods
$22.40 /

-0.2 (-0.88%)

TRUE TrueCar
$2.89 /

-0.085 (-2.86%)

SBUX Starbucks
$82.37 /

-1.22 (-1.46%)

SALT Scorpio Bulkers
$18.85 /

-5.84 (-23.65%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

LAKE Lakeland Industries
$20.80 /

+5.2 (+33.33%)

GME GameStop
$4.75 /

-0.25 (-5.00%)

GMAB Genmab
$28.80 /

+0.37 (+1.30%)

FULC Fulcrum Therapeutics
$21.18 /

+1.19 (+5.95%)

DUO FangDD Network
$60.00 /

+50 (+500.00%)

CSII Cardiovascular Systems
$36.00 /

-5.29 (-12.81%)

CMCM Cheetah Mobile
$3.45 /

+0.02 (+0.58%)

GMAB Genmab
$28.80 /

+0.37 (+1.30%)

06/03/20 Barclays
Genmab price target raised to DKK 2,150 from DKK 1,700 at Barclays
06/03/20 H.C. Wainwright
H.C. Wainwright reiterates Buy on Genmab, says ofatumumab delay not impactful
06/03/20 Bryan Garnier
Genmab downgraded to Neutral from Buy at Bryan Garnier
06/02/20 Truist
Genmab price target raised to $36 from $30 at SunTrust
FULC Fulcrum Therapeutics
$21.18 /

+1.19 (+5.95%)

03/06/20 H.C. Wainwright
Fulcrum Therapeutics price target raised to $28 from $21 at H.C. Wainwright
12/24/19 H.C. Wainwright
Fulcrum 2020 data may support accelerated approval, says H.C. Wainwright
10/03/19 H.C. Wainwright
Fulcrum Therapeutics initiated with a Buy at H.C. Wainwright
08/12/19 Morgan Stanley
Fulcrum Therapeutics initiated with an Overweight at Morgan Stanley
TRUE TrueCar
$2.89 /

-0.085 (-2.86%)

06/10/20 B. Riley FBR
B. Riley FBR upgrades TrueCar to Buy on improving auto trends
06/10/20 B. Riley FBR
TrueCar upgraded to Buy from Neutral at B. Riley FBR
03/13/20 Stephens
Stephens still sees 'decent chance' of TrueCar being acquired
02/21/20 Craig-Hallum
TrueCar price target lowered to $4 from $5 at Craig-Hallum
DUO FangDD Network
$60.00 /

+50 (+500.00%)

LAKE Lakeland Industries
$20.80 /

+5.2 (+33.33%)

06/10/20 Benchmark
Lakeland Industries price target raised to $31 after 'blow-out' at Benchmark
06/09/20 Benchmark
Benchmark starts PPE maker Lakeland Industries at Buy
06/09/20 Benchmark
Lakeland Industries initiated with a Buy at Benchmark
04/15/20 Roth Capital
Lakeland Industries resumed with a Buy at Roth Capital
UNFI United Natural Foods
$22.40 /

-0.2 (-0.88%)

05/15/20 BMO Capital
United Natural Foods price target raised to $22 from $10 at BMO Capital
05/13/20
Fly Intel: Top five analyst upgrades
05/13/20 Wells Fargo
United Natural Foods upgraded to Equal Weight on COVID benefits at Wells Fargo
05/13/20 Wells Fargo
United Natural Foods upgraded to Equal Weight from Underweight at Wells Fargo
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
CMCM Cheetah Mobile
$3.45 /

+0.02 (+0.58%)

08/05/19 Jefferies
Cheetah Mobile initiated with an Underperform at Jefferies
06/17/19 Nomura Instinet
Cheetah Mobile price target loured to $3.60 from $7 at Nomura Instinet
GME GameStop
$4.75 /

-0.25 (-5.00%)

06/10/20 Baird
GameStop significant challenges remain ahead, says Baird
04/21/20 Baird
GameStop FY20 EPS target cut at Baird
03/27/20 Baird
GameStop trneds to remain weak despite recent increase, says Baird
03/20/20
Fly Intel: Top five analyst downgrades
SBUX Starbucks
$82.37 /

-1.22 (-1.46%)

06/09/20 BTIG
Beyond Meat's China distribution to accelerate sales in second half, says BTIG
05/28/20 Cleveland Research
Starbucks U.S. comp improvement to be moderate, says Cleveland Research
05/21/20 William Blair
Starbucks comps continuing to improve in both U.S. and China, says William Blair
05/21/20 Stephens
Starbucks tempered near-term expectations in update, says Stephens
SALT Scorpio Bulkers
$18.85 /

-5.84 (-23.65%)

04/20/20 BTIG
Scorpio Bulkers, Golden Ocean price targets cut at BTIG
02/04/20 Pareto
Scorpio Bulkers upgraded to Buy from Hold at Pareto
01/28/20 B. Riley FBR
Scorpio Bulkers price target lowered to $6.50 from $9.50 at B. Riley FBR
01/27/20 Fearnley
Scorpio Bulkers downgraded to Hold from Buy at Fearnley
CSII Cardiovascular Systems
$36.00 /

-5.29 (-12.81%)

05/06/20 Lake Street
Cardiovascular Systems price target lowered to $48 from $54 at Lake Street
04/06/20 Oppenheimer
Cardiovascular Systems initiated with an Outperform at Oppenheimer
04/03/20 Lake Street
Cardiovascular Systems price target lowered to $54 from $60 at Lake Street
10/18/19 Guggenheim
Guggenheim starts 'underestimated' Cardiovascular Systems at Buy
UNFI United Natural Foods
$22.40 /

-0.2 (-0.88%)

TRUE TrueCar
$2.89 /

-0.085 (-2.86%)

SBUX Starbucks
$82.37 /

-1.22 (-1.46%)

SALT Scorpio Bulkers
$18.85 /

-5.84 (-23.65%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

LAKE Lakeland Industries
$20.80 /

+5.2 (+33.33%)

GME GameStop
$4.75 /

-0.25 (-5.00%)

GMAB Genmab
$28.80 /

+0.37 (+1.30%)

FULC Fulcrum Therapeutics
$21.18 /

+1.19 (+5.95%)

DUO FangDD Network
$60.00 /

+50 (+500.00%)

CSII Cardiovascular Systems
$36.00 /

-5.29 (-12.81%)

CMCM Cheetah Mobile
$3.45 /

+0.02 (+0.58%)

  • 10
    Jun
  • 10
    Jun
SBUX Starbucks
$82.37 /

-1.22 (-1.46%)

LAKE Lakeland Industries
$20.80 /

+5.2 (+33.33%)

GME GameStop
$4.75 /

-0.25 (-5.00%)

CMCM Cheetah Mobile
$3.45 /

+0.02 (+0.58%)

UNFI United Natural Foods
$22.40 /

-0.2 (-0.88%)

TRUE TrueCar
$2.89 /

-0.085 (-2.86%)

SBUX Starbucks
$82.37 /

-1.22 (-1.46%)

SALT Scorpio Bulkers
$18.85 /

-5.84 (-23.65%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

LAKE Lakeland Industries
$20.80 /

+5.2 (+33.33%)

GME GameStop
$4.75 /

-0.25 (-5.00%)

CSII Cardiovascular Systems
$36.00 /

-5.29 (-12.81%)

CMCM Cheetah Mobile
$3.45 /

+0.02 (+0.58%)

UNFI United Natural Foods
$22.40 /

-0.2 (-0.88%)

SBUX Starbucks
$82.37 /

-1.22 (-1.46%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

LAKE Lakeland Industries
$20.80 /

+5.2 (+33.33%)

GME GameStop
$4.75 /

-0.25 (-5.00%)

Hot Stocks
Red Robin falls 8% to $15.50 pre-market after Q1 results miss estimates  07:31
06/10/20
06/10
07:31
06/10/20
07:31
RRGB

Red Robin

$17.01 /

-2.17 (-11.31%)

 
ShowHide Related Items >><<
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

Hot Stocks
Red Robin sees average cash burn of $1M-$2M per week for Q2 » 06:41
06/10/20
06/10
06:41
06/10/20
06:41
RRGB

Red Robin

$17.01 /

-2.17 (-11.31%)

As of April 19, the…

As of April 19, the company was not in compliance with certain financial covenants due to the negative impact of COVID-19 on its business. As a result, the company entered into the First Amendment to the Credit Agreement and Waiver on May 29 that waives compliance of the lease adjusted leverage ratio financial covenant and fixed charge coverage ratio financial covenant for the remainder of fiscal 2020 provided the company issues new equity generating net cash proceeds of at least $25M on or before November 13. Per the maximum cash balance limitation required in the Amendment, the company made a $59M repayment on the revolving line of credit on May 29 to ensure cash on hand did not exceed $30M. As of June 7, the company had $30M of cash on hand, $54M of available borrowing capacity under its revolving line of credit and expects an average cash burn of $1M-$2M per week for the second fiscal quarter.

ShowHide Related Items >><<
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

Hot Stocks
Red Robin has re-opened approximately 270 dining rooms as of June 7 » 06:37
06/10/20
06/10
06:37
06/10/20
06:37
RRGB

Red Robin

$17.01 /

-2.17 (-11.31%)

As of June 7, the company…

As of June 7, the company has re-opened approximately 270 dining rooms with limited capacity, representing approximately 65% of currently open company-owned restaurants. These re-openings include restaurants located in the company's largest and highest volume markets on the West Coast. Notably, these restaurants have on average maintained off-premise sales that are approximately one and a half to two times pre-COVID-19 levels and 40% of sales mix since re-opening.

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RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

Hot Stocks
Red Robin seeing improvement in comparable restaurant revenue trends » 06:36
06/10/20
06/10
06:36
06/10/20
06:36
RRGB

Red Robin

$17.01 /

-2.17 (-11.31%)

Paul J.B. Murphy III, Red…

Paul J.B. Murphy III, Red Robin's President and CEO, said, "We entered 2020 with accelerating business momentum, generating positive comparable restaurant revenue of 3.7% and positive Guest counts of 0.9% through the end of our second fiscal period. However, the COVID-19 pandemic resulted in an immediate shift of our priorities, inclusive of pivoting to a 100% off-premise model, the preservation of liquidity and the reduction of costs amid the ongoing uncertainty. Since the onset of the health crisis, we have significantly improved our off-premise execution, resulting in a material improvement in Guest satisfaction scores. Comparable restaurant revenue trends have also shown continual improvement week by week, including (39.7)% for the week ending June 7th. Importantly, we have recently begun opening dining rooms with limited capacities of up to 50% in our largest and highest volume market on the West Coast. In total, we have re-opened approximately 270 dining rooms with disciplined health and safety protocols and our new hospitality model we call TGX. Sales are exceeding our expectations, accompanied by record high dine-in Guest satisfaction scores and continued, strong retention of our elevated off-premise sales. For the week ending June 7th, restaurants with open dining rooms generated total comparable restaurant revenue of (26.7)%, including off-premise sales of 40% of total food and beverage sales. The substantive actions the organization implemented has positioned us well to not only manage through these near-term challenging times, but to succeed in the long-term, post-COVID environment."

ShowHide Related Items >><<
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

Hot Stocks
Red Robin reports Q1 comparable restaurant revenue down 20.8% » 06:33
06/10/20
06/10
06:33
06/10/20
06:33
RRGB

Red Robin

$17.01 /

-2.17 (-11.31%)

In Q1: Comparable…

In Q1: Comparable restaurant revenue decreased 20.8% for the quarter after growing comparable restaurant revenue by 3.7% through the second fiscal period; Comparable average Guest check increased 0.1%, resulting from a 1.6% increase in pricing and a 0.3% increase from lower discounting, partially offset by a 1.8% decrease from menu mix; Comparable restaurant Guest counts decreased 20.9% for the quarter after growing comparable restaurant Guest counts by 0.9% through the second fiscal period; Off-premise sales increased 86.1% and comprised 26.3% of total food and beverage sales.

ShowHide Related Items >><<
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

Earnings
Red Robin reports Q1 adjusted EPS ($6.66), consensus ($1.10) » 06:31
06/10/20
06/10
06:31
06/10/20
06:31
RRGB

Red Robin

$17.01 /

-2.17 (-11.31%)

Reports Q1 revenue…

Reports Q1 revenue $306.1M, consensus $333.84M.

ShowHide Related Items >><<
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

02/26/20 Wells Fargo
Red Robin price target lowered to $30 from $35 at Wells Fargo
01/15/20 Maxim
Red Robin seeing early signs of turnaround, says Maxim
11/06/19 Loop Capital
Red Robin price target lowered to $33 from $36 at Loop Capital
09/05/19 Stephens
Red Robin back to 'trust me' story after takeover rejection, says Stephens
RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

RRGB Red Robin
$17.01 /

-2.17 (-11.31%)

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