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Red Robin had a strong first quarter as the casual dining chain posted 3.1% comparable restaurant revenue growth, ... A firm marketing strategy will be particularly important for the brand.
ENGLEWOOD, CO - Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) disclosed the departure of Chief Marketing Officer Kevin Mayer, effective today. The casual dining burger chain, which InvestingPro ...
Operator: Good afternoon, everyone. And welcome to the Red Robin Gourmet Burgers Incorporated First Quarter 2025 Earnings ...
Red Robin's strategy depends heavily on improvements at the macro-level that have been slow-moving. I already discussed how 2024's first rate cut didn't occur until September.
The chain's total revenues for 2024 are $1.25 billion, a decrease of $54.5 million when compared to 2023, according to a ...
In an evaluation of the chain's performance in 2024, Red Robin said on Wednesday that it's considering closing 70 underperforming locations across the country as part of its business strategy.
Red Robin plans to close 10 to 15 underperforming locations in 2025 as part of a larger strategy to shut down struggling restaurants over the next few years.
Red Robin is considering closing 70 underperforming restaurants over the next five years. The company reported a net loss of $77.5 million in 2024, compared to a net loss of $21.2 million in 2023.
Following the 2024 fiscal year (which ended Dec. 29, 2024), there were 498 Red Robin restaurants, and of those, 407 were company-owned and 91 were operated by franchisees, according to the company.
Gourmet burger chain Red Robin is considering closing about 70 underperforming locations.. Most of those stores are expected to close over the next five years as their leases expire, including 10 ...