Group 1 - Red Robin's executive team has experienced significant changes, including the departure of CEO G.J. Hart and the hiring of Humera Kassem as chief people officer [3][8] - Jesse Griffith has been promoted to chief operations officer, bringing over two decades of restaurant experience, including a successful tenure at Torchy's Tacos [4][8] - The company is implementing its First Choice plan, aimed at improving traffic, fixing restaurants, and reducing expenses, with plans to refranchise up to 15% of company-owned stores and potentially close up to 70 underperforming units over the next five years [5][8] Group 2 - Red Robin's third-quarter results exceeded management expectations, with comparable sales projected to decline by 1.2%, an improvement from a 3.2% decline in the second quarter [6]

Core Insights - Todd Wilson, the Chief Financial Officer of Red Robin Gourmet Burgers, will resign effective December 12, 2025, and the company is actively searching for a replacement [1][2] - Jesse Griffith has been promoted to Chief Operations Officer, having previously served as Senior Vice President of Operations since March 2023 [2][3] - The company has reported that its third-quarter results exceeded expectations, with comparable restaurant sales expected to decline approximately 1.2% and Adjusted EBITDA projected between $7.1 million and $7.6 million [4][5] Management Changes - Todd Wilson's contributions as CFO were acknowledged by the President and CEO, Dave Pace, who emphasized the company's commitment to finding a suitable successor [2] - Jesse Griffith's promotion reflects his significant impact on restaurant operations and guest service, aligning with the company's strategic plan for operational excellence [3] Financial Outlook - The third-quarter financial outlook indicates a decline in comparable restaurant sales by about 1.2% [4] - Adjusted EBITDA for the third quarter is anticipated to be in the range of $7.1 million to $7.6 million [4][5] - The company plans to report its fiscal third-quarter results on November 10, 2025, after market close [5]