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4-Traders Homepage  >  Equities  >  Nasdaq  >  Red Robin Gourmet Burgers, Inc.    RRGB

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Dining Notes: Red Robin opening near Town Center

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07/21/2017 | 10:33pm CET

Jul. 21

15 new restaurants coming to St. Johns Town Center

2017------

After years of waiting, Jacksonville gets its first Red Robin Gourmet Burgers and Brews on Monday at 11 a.m.

The Colorado-based casual dining chain will open its first Northeast Florida restaurant at Town Center Promenade near the St. Johns Town Center.

The family-friendly restaurant is known for its wide selection of gourmet burgers, including Whiskey River BBQ, A1 Peppercorn, Chili Chili Cheeseburger and Banzai, as well as bottomless seasoned fries and beverages.

Red Robin Gourmet Burgers and Brews also offers turkey and veggie burgers, as well as entrees, salads, soups and other non-burger items on its large menu.

Red Robin joins the recently opened Newk's Eatery as the first restaurants to open at Town Center Promenade, one of two new neighboring developments under construction.

To help celebrate the July 24 grand opening of the Jacksonville restaurant, Red Robin will donate all sales of its Freckled Lemonade through July 30 to its national charity partner, Alex's Lemonade Stand Foundation, which is dedicated to helping kids who have cancer.

For more information, visit www.redrobin.com.

MAPLE STREET COMING TO SOUTHSIDE

Maple Street Biscuit Co. is opening a Southside location this fall near Baymeadows Road.

Owner Scott Moore said the new location at 8358 Point Meadows Drive is expected to be open by Oct. 1.

"It's an area we aren't serving right now and thought we could go into," he said. "The beach store is far away and the San Marco store is far away, and we'd like to be within a three-mile radius of a mostly residential area to be part of their life."

Maple Street Biscuit Co. offers an array of biscuit sandwiches such as "The Squawking Goat," which has fried chicken, fried goat cheese and pepper jelly on a biscuit, as well as biscuits and gravy, salads, entrees and sides.

The 2,600-square-foot store will have 90 seats inside and outside. The hours of operation will be the same as other Maple Street Biscuit Co. locations, which are 7 a.m. to 2 p.m. Monday-Thursday and 7 a.m. to 3 p.m. Friday and Saturday.

The Southside location marks the 11th store for Maple Street Biscuit Co., which is celebrating its fifth anniversary in November. The original location is in San Marco Square at 2004 San Marco Blvd.

"Our mission is to help people serve others and this is a chance for us to live out that mission," Moore said. "Every time we get the chance to open another store, it's a chance for us to serve a neighborhood of people."

For more information, visit www.maplestreetbiscuits.com.

APPLEBEE'S HELPING CHILDHOOD CANCER FOUNDATION

Applebee's Neighborhood Grill + Bar restaurants in Florida and Georgia are teaming up with Alex's Lemonade Stand Foundation to take a stand against childhood cancers in a month-long, nationwide fundraising campaign.

Applebee's restaurants have raised more than $7 million since 2005 to fund childhood cancer research and plan to raise $1 million this year to help children and their families battling this disease in neighborhoods across the country.

Through the rest of July, guests who visit Applebee's restaurants in Florida and Georgia can support Alex's Lemonade Stand Foundation by purchasing lemon-shaped pin-up cards in $1 and $5 increments.

Guests can also purchase a Summer Squeeze, which is made from Bacardi Limon, lemonade and mint, and Applebee's will donate 25 cents from each Summer Squeeze beverage sold.

Alex's Lemonade Stand Foundation was established in 2005 to continue the mission of four-year-old Alex, who, while fighting her own battle against cancer, set up a lemonade stand to help raise money for "doctors to find a cure" for all childhood cancers.

For more information, visit www.applebees.com.

TROPICAL SMOOTHIE LAUNCHES SUMMER MENU

Tropical Smoothie Cafe launched its Tropical Party Passport campaign July 11.

Guests ordering smoothies through the Tropical Rewards App will receive a free 24-ounce smoothie for each 10 purchased, in addition to the $5 credit users receive for every $55 spent, through Aug. 6.

Tropical Smoothie Cafe also released a summer menu, which is available until Aug. 20 and features a Mocktail Smoothie lineup.

The Watermelon Mojito is made with watermelon, strawberries, lime and mint. The Avocolada smoothie combines whole avocado, pineapple, spinach, kale, coconut and lime.

Also included on the summer menu is the Caribbean Jerk Wrap, which can be prepared in a bowl as an alternative, made with grilled chicken, rice, black beans, house roasted pineapple salsa, romaine lettuce, cheddar cheese and spicy jerk sauce.

For more information about Tropical Smoothie Café, visit www.tropicalsmoothiecafe.com.

HUNGER HOTLINE HELPS KIDS FIND MEALS

As temperatures heat up this summer, so does the need for free summer meals for low-income children, funded by the federal government.

The nonprofit group Hunger Free America is ramping up its efforts to publicize the USDA National Hunger Hotline, so callers can locate summer meals sites for kids, food pantries or soup kitchens for families, and/or other government and private meals programs near them.

According to Hunger Free America, in Florida, only 16.6 percent of kids who receive free and reduced school meals also receive summer meals, which are available to all kids 18 and under, and no identification is required.

Hunger Free America also launched a volunteer matching portal to make it easier to mobilize the unique talents and skills of each individual volunteer in order to take the biggest bite out of hunger.

The USDA National Hunger Hotline is 1-866-3-HUNGRY or 1-877-8-HAMBRE for Spanish-speaking callers.

Hunger Free America's volunteer matching portal is available at www.hungervolunteer.org.

^

Send any dining news, promotions or rumors of new restaurants openings to [email protected]

___

(c)2017 The Florida Times-Union (Jacksonville, Fla.)

Visit The Florida Times-Union (Jacksonville, Fla.) at www.jacksonville.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2017 1 369 M
EBIT 2017 44,7 M
Net income 2017 31,1 M
Debt 2017 329 M
Yield 2017 -
P/E ratio 2017 22,02
P/E ratio 2018 17,48
EV / Sales 2017 0,72x
EV / Sales 2018 0,66x
Capitalization 654 M
Chart RED ROBIN GOURMET BURGERS,
Duration : Period :
Red Robin Gourmet Burgers, Technical Analysis Chart | RRGB | US75689M1018 | 4-Traders
Technical analysis trends RED ROBIN GOURMET BURGERS,
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TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 62,8 $
Spread / Average Target 24%
EPS Revisions
Managers
NameTitle
Denny Marie Post President, Chief Executive Officer & Director
Pattye L. Moore Chairman
Carin L. Stutz Chief Operating Officer & Executive Vice President
Guy J. Constant EVP, Chief Financial & Accounting Officer
Richard J. Howell Independent Director
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