New Red Robin CEO has analysts cautiously optimistic
Saturday, June 4th, 2011 at
8:30 am
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Nine months on the job, and Red Robin Gourmet Burger’s new chief executive is winning over investors and analysts.
Earnings are up, expenses are down and the 452-store gourmet hamburger chain is beginning to turn around years of lackluster financial performance.
New chief executive Steve Carley cuts an imposing figure with a shaved head atop a 6-feet-1, 250-pound frame.
Yet, Carley is achieving results with a mild manner and a back-to-the-basics restructuring plan.
