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Chili's Kicks off Colorful Return of Create-A-Pepper Program with All Proceeds Benefiting St. Jude Children's Research Hospital®
Prnewswire· 2025-09-02 15:00
Core Points - Chili's Grill & Bar is continuing its partnership with St. Jude Children's Research Hospital through the Create-A-Pepper program, which runs until September 30, 2025, to support childhood cancer awareness and fundraising efforts [1][4] - The program allows guests to purchase coloring sheets for donations of $1, $5, $10, or $25, with all proceeds going directly to St. Jude [2][3] - Over the past 23 years, Chili's and its guests have raised more than $120 million for St. Jude, significantly contributing to the hospital's mission of providing free treatment and support to families [3][4] Company Overview - Chili's Grill & Bar, a flagship brand of Brinker International, Inc., operates 1,600 restaurants across 29 countries and two territories, employing over 70,000 team members [6] - The company is recognized for its casual dining experience and was named Ad Age's 2025 Brand of the Year, highlighting its commitment to customer satisfaction and community support [6] St. Jude Children's Research Hospital Overview - St. Jude is a leading institution in childhood cancer research and treatment, having increased the overall survival rate for childhood cancer from 20% to over 80% since its inception in 1962 [7] - The hospital operates without charging families for treatment, travel, housing, or food, allowing them to focus on their child's recovery [7]
Does Red Robin Have the Recipe for Sustainable EBITDA Growth?
ZACKS· 2025-08-29 15:21
Core Insights - Red Robin Gourmet Burgers, Inc. (RRGB) reported a mixed second quarter, but profitability is improving with adjusted EBITDA at $22.4 million, an increase of nearly $9 million year-over-year, driven by labor efficiency and cost management [1][10] - Despite a 5.5% decline in guest traffic and a 3.2% drop in comparable sales, restaurant-level margins expanded by 270 basis points to 14.5%, indicating successful operational initiatives [1] Financial Performance - The company reaffirmed its EBITDA guidance for 2025 at $60-$65 million while reducing net debt to adjusted EBITDA to approximately 2x, enhancing financial flexibility [3][10] - RRGB's shares have increased by 27.5% over the past three months, contrasting with a 2.9% decline in the industry [8] Strategic Initiatives - Management's strategy is centered around the "First Choice" Plan, focusing on efficiency, traffic-driving initiatives, disciplined capital allocation, and restaurant refreshes [2][10] - The Big Yummm value deal has shown early success in boosting traffic trends while managing price sensitivity [2] Competitive Landscape - Red Robin's efforts to achieve sustainable EBITDA growth reflect broader challenges in the casual dining industry, where competitors like Brinker International and Bloomin' Brands are also focusing on value promotions and efficiency gains [5][6] - Both competitors are navigating a promotional environment that impacts guest loyalty and pricing power, which are critical for maintaining EBITDA stability [6][7]
Chili's® Celebrates the '90s with TV Icon Tiffani Thiessen and New Margarita of the Month, The Radical 'Rita
Prnewswire· 2025-04-28 13:00
Core Concept - Chili's Grill & Bar introduces the Radical 'Rita, a new margarita inspired by 90's nostalgia, available for $6 at participating locations throughout May [1][4][5] Product Details - The Radical 'Rita is crafted with Lunazul® Blanco Tequila, Monin® Dragonfruit, Blue Curaçao, House-Made Sour, and garnished with a lime wedge and 90's-inspired swizzle sticks [5][7] - The drink changes color from pink and blue to vibrant purple when mixed with the swizzle stick [3][5] Marketing Campaign - Tiffani Thiessen, a notable figure from the 90's, features in a promotional video demonstrating the drink's color-changing feature [6][9] - The campaign aims to evoke 90's nostalgia and will be showcased on platforms like Peacock and streaming apps [9][10] Sales Strategy - The Radical 'Rita is part of Chili's Margarita of the Month program, which has been running since 2018, offering a rotating selection of margaritas at a low price [7][9] - In 2024, Chili's sold over 25 million margaritas, indicating strong demand for their affordable margarita offerings [7] Company Background - Chili's is a leader in the casual dining industry and is known for its diverse menu, including burgers, fajitas, and margaritas [11] - The company operates nearly 1,600 restaurants across 29 countries and has raised over $110 million for St. Jude Children's Research Hospital through guest donations [11]
Chili's® Takes Another Swing at Fast Food with the Debut of the All-New Big QP Burger to its 3 For Me® Menu
Prnewswire· 2025-04-15 13:00
Core Insights - Chili's has launched a promotional campaign called Fast Food Financing to address high fast food prices, offering gift cards to eligible guests who participate in a pop-up experience in New York City [1][4] - The new Big QP burger, part of the 3 For Me menu, is designed to provide better value than fast food options, featuring more beef and familiar flavors at a competitive price of $10.99 [2][3] Company Overview - Chili's is a leading brand in the casual dining industry, operated by Brinker International, Inc., known for its diverse menu including Big Mouth Burgers and Chicken Crispers, with nearly 1,600 locations across 29 countries [5] - The company emphasizes a celebratory dining experience and engages in community support initiatives, having raised over $110 million for St. Jude Children's Research Hospital [5] Product Offerings - The Big QP burger includes two slices of American cheese and 85% more beef than a Quarter Pounder, available as part of the 3 For Me menu which also includes bottomless chips and salsa, and an unlimited drink [2][6] - The Big QP joins the Big Smasher on the 3 For Me menu, which features twice the beef of a Big Mac, reinforcing Chili's commitment to providing value [3][7] Promotional Campaign - Fast Food Financing is a promotional initiative that does not involve actual loans or financial services, with gift cards available while supplies last for participants aged 18 and over [6] - The campaign aims to engage customers through social media giveaways and in-person experiences, enhancing brand visibility and customer interaction [4][6]