Gourmet Burgers

Search documents
Red Robin Gourmet Burgers, Inc. Names Humera Kassem Chief People Officer
Prnewswire· 2025-09-15 12:00
Accessibility StatementSkip Navigation ENGLEWOOD, Colo., Sept. 15, 2025 /PRNewswire/ --Â Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers, bottomless sides and more, in a family-friendly atmosphere, announced today the appointment of Humera Kassem as Chief People Officer, effective September 15. In this role, Kassem will be responsible for overseeing Red Robin's organizational strategy and vision centered on the c ...
Red Robin Gears Up for Q2 Earnings: Key Factors to Note
ZACKS· 2025-08-11 16:31
Core Viewpoint - Red Robin Gourmet Burgers, Inc. (RRGB) is set to report its second-quarter fiscal 2025 results on August 13, following a significant earnings surprise of 133.3% in the last quarter [1] Group 1: Q2 Estimates - The Zacks Consensus Estimate anticipates a loss of 25 cents per share, compared to an adjusted loss of 48 cents per share in the same quarter last year [2] - Revenue estimates are projected at $285.2 million, reflecting a 5% decline from the previous year's figure [2] Group 2: Factors Influencing Performance - The company's revenue is expected to be impacted by macroeconomic conditions and low consumer traffic growth, which has been consistent over recent months [3] - Despite these challenges, Red Robin has shown growth in comparable restaurant revenue and unit-level profitability in the last two quarters, with expectations of a 7.5% year-over-year increase in comparable restaurant revenues [4] Group 3: Strategic Initiatives - The company is focusing on operational efficiency, particularly by reducing labor costs, which is expected to support its performance [4] - Red Robin's managing partner program and emphasis on digital projects and menu innovation are likely to contribute positively to its financial results [5] Group 4: Customer Satisfaction and Revenue Predictions - Investments in hospitality and food quality over the past two years have led to long-term increases in customer satisfaction, which is reflected in consistently high satisfaction ratings [6] - For the second quarter of fiscal 2025, restaurant revenues are predicted to decrease by 3% year-over-year to $285.5 million [6] Group 5: Margins and Earnings Predictions - The bottom line is expected to decline year-over-year due to increased costs from new tariffs, with total costs of sales projected to rise by 5.2% to $73.1 million [7] - Adjusted EBITDA is forecasted to grow by 10.7% year-over-year to $15.1 million, with an increase in the Adjusted EBITDA margin by 70 basis points to 5.2% [8] Group 6: Earnings Prediction Model - The model indicates a potential earnings beat for Red Robin, supported by a positive Earnings ESP of +67.35% and a Zacks Rank of 3 [9][10] - The anticipated loss of 25 cents per share represents a 48% year-over-year decline, attributed to softer consumer demand and macro uncertainties [9]
Red Robin Gourmet Burgers: A Speculative Buy Facing Q2 Headwinds On The Road To Comeback
Seeking Alpha· 2025-08-04 08:28
Group 1 - The article reflects on the turnaround story of Red Robin Gourmet Burgers and their 'North Star' plan, indicating a significant focus on the company's strategic initiatives [1] - It has been almost eight months since the initial analysis of Red Robin's performance and strategic direction, suggesting ongoing interest in the company's developments [1] Group 2 - No specific financial data or performance metrics are provided in the excerpts, limiting the analysis of the company's current financial status or market position [1][2]
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: Turnaround In Financial Results Could Fuel A Short Squeeze
Seeking Alpha· 2025-06-03 17:15
Core Insights - Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) has been facing significant financial challenges, with over six years of net losses impacting its balance sheet [1] Financial Performance - The company has experienced a continuous decline in profitability, leading to a weakened financial position [1] Investment Perspective - The current situation presents potential investment opportunities, but the ongoing losses and balance sheet erosion raise concerns about the company's future viability [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]
Red Robin Gourmet Burgers, Inc. Announces Leadership Transition
Prnewswire· 2025-04-24 12:00
Core Viewpoint - G.J. Hart will step down as President and CEO of Red Robin Gourmet Burgers after a transformative tenure, with David A. Pace appointed as his successor, and Anthony S. Ackil taking over as Chairman of the Board [1][2][3] Leadership Transition - David A. Pace, previously Chairman of the Board, will assume the role of President and CEO immediately, focusing on the next phase of the company's transformation [2][5] - Anthony S. Ackil will succeed David A. Pace as Chairman of the Board, effective immediately [3] G.J. Hart's Contributions - G.J. Hart has been with the company for five-and-a-half years, successfully implementing measures to enhance guest experience and transform Red Robin into an operations-focused restaurant [1] - Under Hart's leadership, the company has made significant strides in improving food quality and service, establishing a strong foundation for future growth [4][6] David A. Pace's Background - David A. Pace brings 35 years of leadership experience in the food, beverage, and retail industries, having previously served as Co-CEO of Tastemaker Acquisition Corporation and CEO of Jamba Juice, where he tripled profit performance [5][7] - Pace's extensive industry expertise positions him well to lead Red Robin through its ongoing transformation [5] First Quarter 2025 Outlook - The company expects first quarter comparable restaurant sales to increase approximately 3% and anticipates Adjusted EBITDA to exceed the previously communicated range of $18 million to $19 million [6]