Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal First Quarter Ended April 16, 2023

Red Robin Gourmet Burgers, Inc. a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the fiscal first quarter ended April 16, 2023.

Highlights for the First Quarter of Fiscal 2023, Compared to the First Quarter of Fiscal 2022:

• Total revenues are $418.0 million, an increase of $22.4 million compared to 2022.
   -Comparable restaurant revenue(1) increased 8.6%.
   -Ninth consecutive quarter of positive comparable restaurant revenue(1) growth...

The Retail Rundown: Grilling Ads Galore

Spending on meat purchases for this year's Memorial Day cookout is expected to total $1.6 billion, according to WalletHub. For this week’s retail rundown, we’ll take a look at how this year's protein features compare to Memorial Day 2022. 

Beef features climbed to the top spot with 27.3% of buying opportunities this week. Pork comes in second with 25% of total protein ad volume, closely followed by seafood with 24.6%. Chicken has 19.7% of total retail activity, up slightly from last week. 

Starting with the beloved burger, ground beef prices are mixed. Circana data indicated that 74-84% lean ground...

Meat District Partners with Los Angeles Rams to Introduce The Champ Burger

Meat District, the creator of butcher-crafted premium fresh and frozen burgers, and the defending Champion Los Angeles Rams are proud to announce a multi-year partnership that kicks off with the introduction of "The Champ" Burger which is now available across Southern California.

The Champ Burger, made from the very best premium steak cuts of Chuck, Brisket and Short-Rib Angus Beef, will be easy to find in the meat aisles as it features Meat District's unique and attractive co-branded packaging with a striking neon...

In a Bear Market, Investors Bet on Black: RoboBurger Raises Funds In a $10M Seed 2 Funding Round

RoboBurger Inc is the maker of the RoboBurger: the world's first fully autonomous robotic burger chef in a box, that grills, toasts, adds condiments and assembles a fresh burger, in about 4 minutes.

RoboBurger Inc, represented by DLA Piper, is excited to announce that it opened its Seed 2 round of funding in partnership with Promethean Investments LLP, a private equity firm headquartered in London. The new Seed 2 funding round will allow RoboBurger Inc to grow and scale up production...

Jack in the Box’s New Online Ordering Makes Satisfying Cravings Even Easier

Jack in the Box, one of the nation’s largest hamburger chains with more than 2,200 locations across 21 states, has launched a brand-new ordering website and native mobile app. The updated app and site were developed in partnership with Bounteous, the digital innovation partner for the world’s most ambitious brands.

Jack in the Box's online ordering and integrated mobile app features a full array of capabilities including full menu ordering, customization options, location finder, product and restaurant information, flexible delivery or pickup options and an integrated loyalty...

Applebee’s® Doubles Down on Game Day with Five Boneless Wings for $1 with ANY Handcrafted Burger

The fan-favorite deal at Applebee’s has returned just in time for football season AND with two new Handcrafted Burgers added to our menu! Order any one of Applebee’s juicy Handcrafted Burgers, including two NEW mouthwatering burgers – Bourbon Street Mushroom Swiss Burger and Neighborhood Double Burger – and add a plate of 5 Boneless Wings for only $1 more!* Enjoy these great savings with family and friends for Dine-In, To Go, and Delivery.

Don’t miss out on this limited-time offer...

Findings Show that the Hamburger and Hot Dog Still Reign Supreme at Football Tailgates

In Honor of National Tailgating Month, Hormel Foods Releases Surprising Data Around U.S. Tailgating Choices and Etiquette; From Onsite "Jobs" and What to Bring, When to Arrive and Grilling Methods; Hormel Foods Unearths National Tailgating Habits, State-by-State

Today, Hormel Foods Corporation, a Fortune 500 global branded food company, shared the results of its latest national consumer survey about tailgating preferences and etiquette. The anticipation and excitement of tailgating are reaching a fevered height, as consumers return to their favorite pre-pandemic routines. The nationwide...

This Week in Retail: Seasonal Transition for the Meat Case

With Labor Day now behind us, retailers are preparing for the transition from summer staples to fall favorites.

Tailgaiting items like burgers and ribs are being featured in time for the National Football League season, which kicks off today! This could support sales at the meat case as consumers gather to cheer on their teams while chowing down on finger foods. 

A game-time staple, chicken wings are on feature for $2.97 per pound, down 2 cents from a year ago. Wholesale wing prices have gained nearly 7 percent so far this year but are currently well below last year’s record highs, providing the opportunity for retailers and foodservice to showcase attractive promotions. However, boneless breasts have mostly been at record highs so far this year—unwelcome news for boneless wing lovers...

Wendy's Pretzel Bacon Pub Cheeseburger Returns to the Starting Line-Up

Wendy's® fans rejoice – your favorite MVP (Most Valuable Pretzel) is back on menus nationwide. The mouthwatering Pretzel Bacon Pub Cheeseburger brings unforgettable flavors to the all-star Made to Crave lineup alongside the Bourbon Bacon Cheeseburger, Big Bacon Classic® Cheeseburger, Hot Honey Chicken Sandwich, and Asiago Ranch Classic Chicken Club.

"We always make it a priority to listen to our fans about what they want to see on our menus, or in this case, what they want to see come back on menus," said Carl Loredo...

New SONIC Chophouse Cheeseburger Raises the Bar on Burgers

SONIC® Drive-In is bringing the elevated flavor of fine dining right to the drive-in with the new Chophouse Cheeseburger! A delicious mix of every steak-lover's favorite flavors, the Chophouse Cheeseburger is available at participating locations starting August 29, though SONIC App users can get early access to the burger beginning August 22 when they order through the app.*

The Chophouse Cheeseburger features a 100% pure beef patty topped with a bold Chophouse aioli, crispy onion strings and two slices of melty American cheese, all served on a...

BurgerFi Unveils the "Juicy Lucy" Burger Available for a Limited Time Only

BurgerFi - one of the nation's fastest-growing, premium fast-casual concepts - has added the Juicy Lucy, a new crave-worthy, limited-time only menu item to its award-winning, chef-inspired menu. Available now through September 19, the Juicy Lucy features two Natural Angus Beef patties sandwiching White Cheddar, American, and Pepper Jack cheeses, and topped with Sweet Tomato Relish and BurgerFi's signature Fi sauce.

To further enhance their menu offerings, BurgerFi has partnered with well-known industry Chef Cliff Pleau. "Just one bite of the new Juicy..."

This Week in Retail: Wrapping Up July; Digesting the Latest GDP Data  

Wrapping up July, grocers are promoting fan-favorite grilling items like steaks, pork chops, and shrimp in an effort to encourage at-home cooking during the dog days of summer—a seasonally sluggish period for meat sales.

Seafood features make up nearly 33% of total protein ad volume this week, marking the fifth consecutive week that it has seized the top spot. Beef comes in second with 23%, closely followed by pork with 22%. Chicken claims 17.5% and eggs make up 1.3% of ad space, down from nearly 5% the week...

This Week in Retail: This Year's July Fourth Cookout Could be Costlier 

Consumers might sweat when shopping for July Fourth festivities since this year's cookout could be costlier than in years past.

According to data from the Bureau of Labor Statistics, inflation remains elevated at a multi-decade high with the index for meats, poultry, fish, and eggs rising 14.2% over the last 12 months.

Despite higher retail prices and squeezed budgets, most households are forging ahead with their Independence Day plans. According to the National Retail Federation, 84% of consumers plan to celebrate the Fourth this year.

Of those, 59% of people plan to ring in Independence Day with a cookout...

This Week in Retail: Supermarkets Prep for July 4th

The Fourth of July marks the last major retail buying occasion of the summer until Labor Day. 

This year’s holiday falls on a Monday and the extended weekend could encourage consumer cookouts and gatherings.

Grocers are closely eyeing the forecast as record high temperatures persist in the Southern region of the nation this week. 

This week, beef claims almost 28% of total protein features this week. Seafood and pork each account for 22.2%, while chicken clocks in at 16.7%...

This Week in Retail: Prepping for the Next Major Summer Grilling Occasion

Grocers will soon be featuring meat and poultry cuts for Father’s Day, the second major grilling event of the season that falls between Memorial Day and Independence Day.

Typically, June is the most active time of the year for backyard grilling as the warmer weather beckons families to cook outdoors. Grocers will try to encourage shoppers to cook at home rather than dining out for Father's Day this year by featuring popular grilling items at attractive price points when possible...