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 ...

Red Robin Gourmet Burgers, Inc. (RRGB) is scheduled to report first-quarter fiscal 2024 results on May 29, after the closing bell. In the last reported quarter, the company delivered a negative earnings surprise of 53.5%. Q1 Estimates The Zacks Consensus Estimate is pegged at a loss of 41 cents per share. In the prior-year quarter, RRGB reported earnings per share of 25 cents. The consensus mark for revenues is pegged at $397.1 million, suggesting a decline of 5% year over year. Factors at Play Red Robin's ...

In its upcoming report, Red Robin (RRGB) is predicted by Wall Street analysts to post quarterly loss of $0.41 per share, reflecting a decline of 264% compared to the same period last year. Revenues are forecasted to be $397.08 million, representing a year-over-year decrease of 5%. The consensus EPS estimate for the quarter has undergone a downward revision of 37.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial esti ...

Now, Red Robin Royalty members will earn one point for every dollar spent on qualifying purchases, not just entrees. For every 100 points earned, members will receive a $10 reward to use on their Red Robin favorites. * "Our Red Robin Royalty members deserve to feel like royalty when dining with us," said Kevin Mayer, Red Robin's Chief Marketing Officer. "This overhauled loyalty program is the latest in a series of upgrades at Red Robin to enhance the guest experience through culinary innovation and superb s ...

The market expects Red Robin (RRGB) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss ...