Red Robin reported first-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. Earnings missed the consensus estimate for the second straight quarter. As of Apr 21, 2024, Red Robin had cash and cash equivalents of $30.6 million compared with $23.6 million as of Dec 31, 2023. Long-term debt, as of Apr 21, 2024, was $162 million compared with $182.6 million in the prior-year quarter. Inventories in the quarter were $27.1 million compared with $26.8 million in the previo ...

One of America's favorite foods just got bigger! Made with three juicy patties, three layers of golden American cheese, Red's relish, mayo, pickles, onion, lettuce and tomato, the Gold Medal Burger is made for champions! And while there may not be any French fries for the athletes in Paris this summer, this burger is served with a bottomless supply of crispy Steak Fries (or another Bottomless Item of your choice). Available at participating U.S. locations only. Not up for the Gold Medal Burger challenge? Fo ...

Red Robin Gourmet Burgers, Inc. (RRGB) is likely to benefit from its loyalty program and strategic initiatives. The emphasis on menu innovation and digital initiatives bodes well. Recently, the company launched the revamped Red Robin Royalty Program, marking a successful step in its strategy to revitalize the brand within the casual dining industry. RRGB is encouraged by the early progress and is confident that it has just begun tapping into its full potential. Red Robin's shares have gained 22.9% in the pa ...

Red Robin Gourmet Burgers, Inc. (RRGB) reported first-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. Earnings missed the consensus estimate for the second straight quarter. Last week's launch of a new Red Robin loyalty program marked a successful step in the company's strategy to revitalize the brand within the casual dining industry. The company is encouraged by the early progress and is confident that it has just begun tapping into its full potential. Delving ...

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) Q1 2024 Results Conference Call May 29, 2024 4:30 PM ET Company Participants G.J. Hart - President and Chief Executive Officer Todd Wilson - Chief Financial Officer Conference Call Participants Mark Smith - Lake Street Capital Alex Slagle - Jefferies Andrew Wolf - CL King CJ Dipollino - Craig-Hallum Capital Group Todd Brooks - The Benchmark Company Operator Good afternoon, everyone and welcome to the Red Robin Gourmet Burgers Incorporated First Quarter 2024 Earn ...

Shares of Red Robin have returned -9.4% over the past month versus the Zacks S&P 500 composite's +4.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term. Number of restaurants - Total: 505 versus the three-analyst average estimate of 507. Comparable restaurant revenue - YoY change: -6.5% versus the three-analyst average estimate of -5.6%. Number of restaurants - Franchised: 92 versus the two-analyst average estimate of 92 ...

Red Robin (RRGB) came out with a quarterly loss of $0.80 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -95.12%. A quarter ago, it was expected that this casual restaurant chain would post a loss of $0.43 per share when it actually produced a loss of $0.66, delivering a surprise of -53.49%. Over the last four quarters, the c ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 21, 2024 or Commission File Number: 001-34851 RED ROBIN GOURMET BURGERS, INC. (Exact name of registrant as specified in its charter) Delaware 84-1573084 (State or othe ...

Exhibit 99.1 Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal First Quarter Ended April 21, 2024 Delivered positive comparable restaurant revenue in the first five weeks of the second quarter Launched new loyalty program on May 22nd Repaid approximately $21.2 million of debt Englewood, CO – May 29, 2024 – Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-frie ...

ENGLEWOOD, Colo., May 29, 2024 /PRNewswire/ -- Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), 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 21, 2024. Highlights for the First Quarter of Fiscal 2024, Compared to the First Quarter of Fiscal 2023: (1) Comparable restaurant revenue represents revenue from Company-owned restau ...