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Red Robin Gourmet Burgers slips on bigger-than-expected Q2 loss



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** Shares of Red Robin Gourmet Burgers RRGB.O fall 14.8% to $4.03 premarket after posting Q2 loss vs year-ago profit

** Restaurant chain logs Q2 adj. loss of $0.48/share, wider than Wall Street estimates of $0.46/share loss - LSEG data

** Co forecasts FY24 revenue of $1.25 bln, in line with analyst estimates

** At least three brokerages slash PT after results

** Avg rating of brokerages is "buy"; their median PT is $10.75 - LSEG data

** Stock has fallen 62.1% so far this year



Reporting by Khushi Singh in Bengaluru

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