Red Robin Gourmet Burgers(US:RRGB) 智通财经网·2025-05-30 04:11Core Viewpoint - Red Robin Gourmet Burgers has successfully turned a profit in Q1 of FY2025, marking its first quarterly profit since 2019, despite facing challenges such as tariff pressures and a downward revision of its revenue guidance for FY2025 [1][3]. Financial Performance - The company reported a GAAP net profit of $1.2 million in Q1 FY2025, a significant improvement from a net loss of $9.5 million in the same period last year [1][3]. - Adjusted EBITDA under NON-GAAP standards doubled compared to the previous year, reaching $27.9 million, up from $13.4 million [1]. - Total sales increased by 1% year-over-year to $392.35 million, exceeding market expectations [1]. Operational Insights - The company benefited from a 6.8% net menu price increase and significantly lower labor costs, which contributed to an adjusted earnings per share of $0.20, compared to a loss of $0.73 in the prior year [1]. - The management has revised its FY2025 revenue guidance down to a range of $1.21 billion to $1.23 billion, from a previous estimate of $1.225 billion to $1.25 billion [2]. Strategic Initiatives - Red Robin is focused on its "North Star" performance revival plan, which emphasizes ingredient upgrades, service experience, and cost control [2]. - The CEO, David Pace, highlighted the ongoing journey of brand revival and the significant market opportunities ahead [1].