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Community Programs and Quarterly Financial Results - Research Report on Brinker International, Red Robin, Texas Roadhouse, Fiesta, and BJ's Restaurants


News provided by

Analysts' Corner

Nov 08, 2013, 08:00 ET

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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]

--

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]

--

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]

--

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]

--

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]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://AnalystsCorner.com

 

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