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Red Robin to halt new restaurant development after 2018

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Red Robin Gourmet Burgers Inc. plans to stop new restaurant development after 2018.

The company then plans to take an 18- to 24-month break to assess its markets.

Red Robin produced third-quarter revenue of $304.2 million, a 2.3 percent increase. Adjusted earnings per diluted share dropped 44.7 percent to 21 cents.

Read more from the Denver Business Journal.

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