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Red Robin Gourmet Burgers, Inc. Announces "First Choice" Plan to Drive Long-Term Shareholder Value
Prnewswire· 2025-07-14 20:05
Core Viewpoint - Red Robin Gourmet Burgers, Inc. has announced its "First Choice" plan aimed at enhancing long-term shareholder value and provided an updated financial outlook for the second quarter of fiscal 2025 [1][2]. Group 1: First Choice Plan - The "First Choice" plan is designed to make Red Robin the preferred choice for guests, team members, and investors through coordinated initiatives [2][3]. - Key components of the plan include protecting the foundations of the previous North Star Plan, driving traffic through creative engagement, managing expenses to reduce debt, investing in restaurant facilities, and fostering a high-performance work environment [3][4]. Group 2: Financial Outlook - The company expects second quarter comparable restaurant sales to decrease by approximately 4%, slightly worse than the previous expectation of a 3% decrease [5]. - Adjusted EBITDA is anticipated to exceed prior expectations of $13 million to $16 million, indicating improved profitability [5][6]. - The first half of 2025 is projected to show Adjusted EBITDA surpassing the full-year results of 2024, reflecting operational excellence and cost efficiency [6]. Group 3: Investor Communication - An investor conference call is scheduled for July 15, 2025, to discuss the "First Choice" plan and updated financial expectations [7]. - The call will be accessible via phone and will also be webcast live, with a replay available shortly after the call [8].
Red Robin Gourmet Burgers, Inc. to Participate at the 15th Annual Jefferies Consumer Conference
Prnewswire· 2025-06-11 20:05
Company Overview - Red Robin Gourmet Burgers, Inc. is a casual dining restaurant chain founded in 1969, operating under the trade name Red Robin Gourmet Burgers and Brews [2] - The company serves a variety of gourmet burgers, salads, appetizers, entrees, desserts, signature beverages, and Donatos® pizza at select locations [2] - Red Robin operates nearly 500 locations in the United States and Canada, including those under franchise agreements [2] Recent Developments - The company will host meetings with institutional investors at the 15th Annual Jefferies Consumer Conference on June 17-18, 2025, in Nantucket, MA [1]
Red Robin Gourmet Burgers, Inc. to Release Fiscal First Quarter 2025 Results on May 29, 2025
Prnewswire· 2025-05-15 13:00
Company Overview - Red Robin Gourmet Burgers, Inc. is a casual dining restaurant chain founded in 1969, operating under the trade name Red Robin Gourmet Burgers and Brews [4] - The company serves a variety of gourmet burgers, salads, appetizers, entrees, desserts, signature beverages, and Donatos® pizza at select locations [4] - Red Robin operates nearly 500 locations in the United States and Canada, including those under franchise agreements [4] Financial Results Announcement - The company will release its financial results for the fiscal first quarter of 2025 on May 29, 2025, after market close [1] - A conference call to discuss these results is scheduled for 4:30 p.m. ET on the same day [1] Conference Call Details - The conference call can be accessed live by dialing 201-689-8560 or through the Call Me™ feature [2] - A replay of the conference call will be available approximately two hours after its conclusion, accessible by dialing 412-317-6671 with the conference ID 13753452, available until June 5, 2025 [2] - The call will also be webcast live and archived on the company's Investor Relations website [3]