A Look Back at Sit-Down Dining Stocks’ Q3 Earnings: The ONE Group (NASDAQ:STKS) Vs The Rest Of The Pack

Check out the companies making headlines yesterday:

Red Robin : Burger restaurant chain Red Robin rose by 6.5% on Monday after Jefferies upgraded the stock to Buy from Hold and increased its price target. See our full article here.

Is now the time to buy Red Robin? Access our full analysis report here.

Ingram Micro : IT distribution giant Ingram Micro fell by 4.3% on Monday after JP Morgan analyst Samik Chatterjee downgraded the company's stock to 'Underweight' from a 'Neutral' rating. See our full article here.

Is now the time to buy Ingram Micro? Access our full analysis report here.

Freshworks : Business software provider Freshworks fell by 3.6% on Monday after the company announced it agreed to acquire FireHydrant, a provider of AI-powered incident management software. See our full article here.

Is now the time to buy Freshworks? Access our full analysis report here.

Builders FirstSource : Building materials company Builders FirstSource fell by 3.8% on Monday after Jefferies downgraded the stock to 'Hold' from 'Buy' and lowered its price target. See our full article here.

Is now the time to buy Builders FirstSource? Access our full analysis report here.

Taboola : Content discovery platform Taboola fell by 3.3% on Monday after a technical sell signal indicated the potential for further declines. See our full article here.

Is now the time to buy Taboola? Access our full analysis report here.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how sit-down dining stocks fared in Q3, starting with BJ's .

Sit-down restaurants offer a complete dining experience with table service. These establishments span various cuisines and are renowned for their warm hospitality and welcoming ambiance, making them perfect for family gatherings, special occasions, or simply unwinding. Their extensive menus range from appetizers to indulgent desserts and wines and cocktails. This space is extremely fragmented and competition includes everything from publicly-traded companies owning multiple chains to single-location mom-and-pop restaurants.

The 13 sit-down dining stocks we track reported a mixed Q3. As a group, revenues were in line with analysts’ consensus estimates.

Thankfully, share prices of the companies have been resilient as they are up 9% on average since the latest earnings results.

BJ's

Founded in 1978 in California, BJ’s Restaurants is a chain of restaurants whose menu features classic American dishes, often with a twist.

BJ's reported revenues of $330.2 million, up 1.4% year on year. This print fell short of analysts’ expectations by 1.1%. Overall, it was a mixed quarter for the company with a beat of analysts’ EPS estimates but a slight miss of analysts’ revenue estimates.

“We are pleased to report our 5th consecutive quarter of sales and traffic growth, along with our 4th consecutive quarter of profit expansion,” commented Lyle Tick, Chief Executive Officer and President.

The stock is up 40.7% since reporting and currently trades at $40.37.

Is now the time to buy BJ's? Access our full analysis of the earnings results here, it’s free for active Edge members.

Best Q3: Bloomin' Brands

Owner of the iconic Australian-themed Outback Steakhouse, Bloomin’ Brands is a leading American restaurant company that owns and operates a portfolio of popular restaurant brands.

Bloomin' Brands reported revenues of $928.8 million, down 10.6% year on year, outperforming analysts’ expectations by 2.7%. The business had a stunning quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 2.8% since reporting. It currently trades at $7.03.

Is now the time to buy Bloomin' Brands? Access our full analysis of the earnings results here, it’s free for active Edge members.

Slowest Q3: Denny's

Open around the clock, Denny’s is a chain of diner restaurants serving breakfast and traditional American fare.

Denny's reported revenues of $113.2 million, up 1.3% year on year, falling short of analysts’ expectations by 3.2%. It was a disappointing quarter as it posted a significant miss of analysts’ revenue estimates and a miss of analysts’ EBITDA estimates.

Interestingly, the stock is up 51.1% since the results and currently trades at $6.21.

Read our full analysis of Denny’s results here.

Texas Roadhouse

With locations often featuring Western-inspired decor, Texas Roadhouse is an American restaurant chain specializing in Southern-style cuisine and steaks.

Texas Roadhouse reported revenues of $1.44 billion, up 12.8% year on year. This number beat analysts’ expectations by 0.7%. Taking a step back, it was a mixed quarter as it also recorded a solid beat of analysts’ same-store sales estimates but a miss of analysts’ EBITDA estimates.

The stock is up 5.5% since reporting and currently trades at $169.62.

Read our full, actionable report on Texas Roadhouse here, it’s free for active Edge members.

Brinker International

Founded by Norman Brinker in Dallas, Brinker International is a casual restaurant chain that operates the Chili’s, Maggiano’s Little Italy, and It’s Just Wings banners.

Brinker International reported revenues of $1.35 billion, up 18.5% year on year. This print surpassed analysts’ expectations by 1.3%. Aside from that, it was a satisfactory quarter as it also produced an impressive beat of analysts’ same-store sales estimates but full-year revenue guidance slightly missing analysts’ expectations.

Brinker International had the weakest full-year guidance update among its peers. The stock is up 15.7% since reporting and currently trades at $143.71.

Read our full, actionable report on Brinker International here, it’s free for active Edge members.

What Happened?

Shares of burger restaurant chain Red Robin jumped 6.5% in the afternoon session after Jefferies upgraded the stock to Buy from Hold and increased its price target. 

The investment firm set a new price target of $7.00, up from the previous $6.00. Analysts at Jefferies noted an attractive risk-to-reward opportunity in the casual dining chain. The new price target represented a potential 74% upside from the stock's price at the time of the upgrade, signaling strong confidence in the company's future performance.

Is now the time to buy Red Robin? Access our full analysis report here.

What Is The Market Telling Us

Red Robin’s shares are extremely volatile and have had 57 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 14 days ago when the stock dropped 1.8% on the news that the company announced the appointment of Christopher Meyer as its interim Chief Financial Officer. Mr. Meyer replaced the departing Todd Wilson, effective December 1. 

This executive change came at a time when Red Robin's financial health showed signs of distress, with reports highlighting a negative net margin and persistent losses. The company's stock is known for being highly volatile. The management shift seemed to create uncertainty for investors, contributing to the stock's decline despite a recent third-quarter revenue report that was better than analysts had predicted.

Red Robin is down 24.7% since the beginning of the year, and at $4.27 per share, it is trading 42.6% below its 52-week high of $7.44 from July 2025. Investors who bought $1,000 worth of Red Robin’s shares 5 years ago would now be looking at an investment worth $220.61.

Check out the companies making headlines yesterday:

DoorDash : On-demand food delivery service DoorDash (NYSE:DASH)rose by 4.3% on Monday after a director at the company and partner at a major investor, Sequoia Capital, purchased approximately $100 million worth of its shares. See our full article here.

Is now the time to buy DoorDash? Access our full analysis report here.

Chegg : Online study and academic help platform Chegg fell by 8.7% on Monday after the Federal Trade Commission (FTC) took action against peer company Illuminate Education, Inc. over a major data breach. See our full article here.

Is now the time to buy Chegg? Access our full analysis report here.

Red Robin : Burger restaurant chain Red Robin fell by 1.8% on Monday after the company announced the appointment of Christopher Meyer as its interim Chief Financial Officer. See our full article here.

Is now the time to buy Red Robin? Access our full analysis report here.

DraftKings : Fantasy sports and betting company DraftKings rose by 3.1% on Monday after the company received mixed reviews from analysts, with one firm reiterating a "Buy" rating while another cut its price target. See our full article here.

Is now the time to buy DraftKings? Access our full analysis report here.