Welcome to our dedicated page for Red Robin Gourmet Burgers news (Ticker: RRGB), a resource for investors and traders seeking the latest updates and insights on Red Robin Gourmet Burgers stock.
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) is a casual dining restaurant chain founded in 1969 and focused on gourmet burgers and family-friendly full-service dining. This news page compiles company-issued updates and disclosures about Red Robin’s restaurant operations, promotions, financial performance and corporate actions.
Red Robin’s press releases frequently highlight new menu introductions and limited-time offerings, reflecting the brand’s emphasis on gourmet burgers, appetizers, entrées, desserts and signature beverages. Recent announcements have featured seasonal burgers and beverages, updates to appetizers and entrées, and promotions such as value-focused burger deals and themed campaigns tied to specific times of year.
Investors and followers of RRGB can also find news about the company’s financial results and outlook. The company regularly reports quarterly results, including total revenues, comparable restaurant revenue for company-owned restaurants that have operated for at least 18 months, restaurant level operating profit and adjusted EBITDA. These releases often include commentary from management on operational performance and progress on what the company refers to as its First Choice plan.
Corporate governance and leadership developments are another recurring theme in Red Robin’s news flow. The company issues announcements regarding executive appointments, departures and role changes, along with related information about its organizational strategy and culture. Capital markets updates, such as the establishment of an at-the-market equity offering program and amendments to its credit agreement, are communicated through both press releases and related SEC filings.
For anyone tracking RRGB stock, this news page offers a centralized view of Red Robin’s official communications, from menu innovation and guest promotions to financial updates and leadership changes. Regular visits can help readers follow how the company describes its strategy, restaurant performance and brand initiatives over time.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Red Robin Gourmet Burgers announces a partnership with Blessings in a Backpack to combat childhood hunger. Guests can donate $1, $5, or $10 at participating locations to support children in need. This initiative aims to fill the food gap for over 87,000 children across 44 states and D.C., particularly during weekends and holidays when they lack access to school lunches. CEO G.J. Hart emphasizes the company's commitment to community support. This partnership follows Red Robin’s prior commitment to donate 10 cents from every kids' meal sold for three years to Make-A-Wish Foundation.
Red Robin Gourmet Burgers is excited to announce the opening of its 19th Arizona location in Glendale on March 8, 2023. The new restaurant will offer dine-in, carryout, and delivery services. To celebrate, the first 50 guests on opening day will receive a $50 gift card and commemorative t-shirt, with one lucky guest winning a $500 surprise. Guests can enjoy signature gourmet burgers, Bottomless Steak Fries, and Donatos® pizza. Red Robin aims to create memorable meals in a casual atmosphere. The restaurant will be open daily at 11 a.m., closing at 10 p.m. on weekdays and 11 p.m. on weekends.
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reported financial results for Q4 and fiscal year 2022, revealing total revenues of $290.1 million, a 2.4% increase year-over-year. The company posted a net loss of $44.2 million, significantly up from a loss of $21.3 million in 2021, primarily due to a $25 million impairment charge. Adjusted EBITDA remained steady at $8.9 million. For fiscal 2023, Red Robin anticipates total revenue of approximately $1.3 billion and a restaurant-level operating profit margin of at least 13%. The company is also exploring a sale-leaseback transaction for up to 35 properties to reduce debt and fund future investments.
Red Robin Gourmet Burgers has launched its limited-time Five Star Flavors menu featuring gourmet items like the Tycoon Burger and Cheesy Bacon Truffle Fries. This new menu, available at participating locations for dine-in, takeout, and delivery, incorporates rich ingredients such as truffle, porcini, and black garlic. The culinary team, led by VP Brian Sullivan, aims to offer guests unique flavor combinations that have been well-received in tests. The menu also includes seasonal desserts and beverages. Customers can enjoy the offerings while learning about the Red Robin Royalty rewards program.