Financial Data and Key Metrics Changes - In Q4 2024, total revenues were $285.2 million compared to $309 million in Q4 2023, primarily due to a reduction in operating weeks from 13 to 12 [31] - Comparable restaurant revenue increased by 3.4%, driven by an increase in guest check average, despite a decline in guest traffic [32] - Adjusted EBITDA rose to $12.7 million, a $2 million increase from Q4 2023, attributed to reduced selling and G&A expenses [35] Business Line Data and Key Metrics Changes - Dine-in guest satisfaction scores improved by approximately 8 percentage points compared to 2023, surpassing the casual dining average [6] - The revamped Red Robin Royalty program added approximately 1.5 million members in 2024, totaling around 14.9 million members by year-end [7][8] - The company set approximately 1,400 sales records since launching the North Star plan [7] Market Data and Key Metrics Changes - The company experienced a 600 basis point improvement in traffic trends from Q1 to Q4 2024 [4] - Restaurant level operating profit as a percentage of restaurant revenue was 11.5%, a decrease of 70 basis points compared to Q4 2023 [33] Company Strategy and Development Direction - The company aims to further improve traffic trends and operational efficiency in 2025, focusing on guest engagement and loyalty programs [12][13] - New menu items and promotions are planned for 2025, including the Hot Honey platform and ongoing value promotions [16][18] - The company is committed to closing underperforming restaurants, expecting to close 10 to 15 locations in 2025 [29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's comeback plan and the potential for continued traffic improvements in 2025 [12][44] - The focus will be on enhancing guest experience while managing costs effectively to drive profitability [26][27] - Management highlighted the importance of the Loyalty 2.0 program in driving guest traffic and engagement [15][84] Other Important Information - The company expects total revenue for 2025 to be between $1.225 billion and $1.25 billion, with adjusted EBITDA guidance of $60 million to $65 million [38][40] - Capital expenditures are projected to be between $25 million and $30 million for 2025 [41] Q&A Session Summary Question: Balance between driving frequency and improving margins - Management noted that pricing adjustments were primarily on the West Coast and that they aim to maintain a balance between traffic growth and cost management [49][50] Question: Trends in menu mix and discounts - Management expects discounts to increase year-over-year in Q1 and Q2 but normalize in Q3 and Q4, with positive trends in add-on purchases [55][56] Question: Quarter-to-date trends and momentum - Management indicated a good start to the year, with expectations for same-store sales around plus three for the quarter [66] Question: Restaurant level margin improvement sources - The majority of margin improvement is expected to come from labor efficiencies rather than cost of goods sold [70] Question: Initiatives to drive takeout sales - Management is optimistic about third-party sales and plans to enhance digital engagement to improve this segment [73] Question: Marketing budget and changes - The marketing budget remains similar to last year, with a focus on a comprehensive program across various channels [76] Question: Loyalty program growth and impact - Management reported significant growth from both new and lapsed users in the loyalty program, contributing to improved traffic [84] Question: Expected restaurant closures and timing - Management confirmed that the expected closures are included in the guidance and will be spread throughout the year [98] Question: Commodity cost insights - The commodity basket is expected to experience standard inflation around 3%, with ground beef seeing the most inflation [100] Question: Menu newness and competition - The Hot Honey platform is expected to perform well, with no direct competition from last year [110]

Financial Data and Key Metrics Changes - In Q4 2024, total revenues were $285.2 million compared to $309 million in Q4 2023, primarily due to a reduction in operating weeks from 13 to 12 [31] - Comparable restaurant revenue increased by 3.4%, driven by an increase in guest check average, despite a decline in guest traffic [32] - Adjusted EBITDA rose to $12.7 million, an increase of $2 million from Q4 2023, attributed to reduced selling and G&A expenses [35] - Restaurant level operating profit as a percentage of restaurant revenue was 11.5%, a decrease of 70 basis points compared to the previous year [33] Business Line Data and Key Metrics Changes - Dine-in guest satisfaction scores improved by approximately 8 percentage points compared to 2023, surpassing the casual dining average [6] - The revamped Red Robin Royalty program added approximately 1.5 million members in 2024, ending the year with about 14.9 million members [7] - Loyalty transactions increased by 13%, indicating a rise in guest frequency and new member additions [15] Market Data and Key Metrics Changes - The company experienced sequential improvement in guest traffic trends throughout 2024, indicating successful implementation of the North Star plan [32] - The West Coast market saw significant pricing adjustments, which are expected to carry over into 2025 [49] Company Strategy and Development Direction - The company aims to further improve traffic trends and operational efficiency in 2025, focusing on guest engagement and loyalty programs [12][14] - New menu items, including the Hot Honey platform, are set to launch in March 2025, with expectations for ongoing innovation throughout the year [16][17] - The company plans to close 10 to 15 underperforming restaurants over the next five years, which is expected to enhance the overall strength of its remaining portfolio [29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's trajectory, highlighting the successful transformation into an operations-focused company [44] - The company anticipates modestly positive same-store sales in 2025, despite a revenue headwind from restaurant closures [39] - Management emphasized the importance of balancing pricing strategies with guest experience to drive traffic growth [50] Other Important Information - The company expects capital expenditures of $25 million to $30 million in 2025, with a focus on generating free cash flow from operations [41][92] - The company has implemented new tools and dashboards to improve operational efficiency and drive profitability [22][23] Q&A Session Summary Question: Balance between driving frequency and improving margins - Management noted that pricing adjustments were primarily made on the West Coast and that they expect to maintain a balance between traffic growth and cost management [49][50] Question: Trends in menu mix and discounts - Management expects discounts to increase year-over-year in Q1 and Q2 but normalize in Q3 and Q4, with positive trends in add-on purchases indicating consumer health [55][56] Question: Quarter-to-date trends and momentum - Management indicated a good start to the year, with expectations for same-store sales around plus three for the quarter, despite weather impacts [66] Question: Restaurant level margin improvement sources - The majority of expected margin improvements are anticipated to come from labor efficiencies rather than cost of goods sold [70] Question: Initiatives to drive takeout sales - Management expressed satisfaction with third-party sales and plans to enhance digital engagement to improve this segment [73] Question: Marketing budget and changes - The marketing budget remains similar to last year, with a focus on a comprehensive program across various channels [76] Question: Loyalty program performance - The loyalty program has seen significant growth from both new and lapsed users, contributing positively to traffic trends [84][89] Question: Expected restaurant closures and timing - Management confirmed that the expected closures are included in the guidance and will be spread throughout the year [98] Question: Commodity cost insights - The commodity basket is expected to experience standard inflation, with ground beef seeing the most significant increases [100][102]

Group 1 - Red Robin reported revenue of $285.23 million for the quarter ended December 2024, a decrease of 7.7% year-over-year [1] - The company's EPS was -$0.94, compared to -$0.66 in the same quarter last year, indicating a significant decline [1] - The reported revenue slightly exceeded the Zacks Consensus Estimate of $285.21 million, resulting in a surprise of +0.01% [1] Group 2 - Red Robin's EPS surprise was -74.07%, with the consensus EPS estimate being -$0.54 [1] - The stock has returned -27.2% over the past month, underperforming the Zacks S&P 500 composite's -2.3% change [3] - The company currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance in the near term [3] Group 3 - The total number of restaurants was 498, slightly below the average estimate of 499 [4] - Comparable restaurant revenue showed a year-over-year change of 1.8%, which was lower than the estimated 2.4% [4] - Restaurant revenue was reported at $280.62 million, exceeding the average estimate of $275.65 million, but reflecting a -6.8% change compared to the previous year [4]

Red Robin (RRGB) came out with a quarterly loss of $0.94 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to loss of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -74.07%. A quarter ago, it was expected that this casual restaurant chain would post a loss of $0.87 per share when it actually produced a loss of $1.13, delivering a surprise of -29.89%.Over the last four quarters, the company ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________________________________________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0 ...

Delivers fourth quarter comparable restaurant revenue increase of 3.4%Issues 2025 financial guidanceENGLEWOOD, Colo., Feb. 26, 2025 /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 fourth quarter and year ended December 29, 2024.Highlights for the Fiscal Fourth Quarter of 2024 Compared to ...

ENGLEWOOD, Colo., Feb. 12, 2025 /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 announced it will release financial results for its fiscal fourth quarter and full year 2024 on Wednesday, February 26, 2025, after the market close, followed by a conference call to discuss these results at 4:30 p.m. ET.The conference call can be ac ...

Shares of Red Robin (RRGB) have been struggling lately and have lost 5.4% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the s ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Diners willing to propose to their partner with an onion ring at a Red Robin location on Valentine's Day can upload a video or photo of their onion ring proposal and love story from Feb.13-19 for a chance to win. Visit redrobin.com/Lovebird-Combo for full rules and details. One winner will be selected and notified via email by March 21**. Don't forget to tag @redrobinburgers when sharing your special moment with friends and family on social media! "Red Robin fans love our Towering Onion Rings®, so we decide ...