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. (RRGB) delivers gourmet dining experiences through its network of casual restaurants across North America. This news hub provides investors and industry observers with official updates and analysis on corporate developments, financial performance, and strategic initiatives.
Access timely reports covering earnings announcements, leadership updates, franchise expansions, and menu innovations. Our curated collection features press releases about operational milestones, partnership agreements, and corporate responsibility efforts that shape the company's market position.
Discover updates on Red Robin's implementation of its core b.u.r.g.e.r. values in business decisions, technological enhancements to guest experiences, and responses to industry trends. Content is organized for quick scanning while maintaining depth for thorough research.
Bookmark this page for continuous access to verified information about RRGB's performance in the competitive casual dining sector. Check regularly for new developments affecting the company's growth trajectory and market strategy.
Red Robin Gourmet Burgers (NASDAQ: RRGB) has announced it will release its fiscal first quarter 2025 financial results on Thursday, May 29, 2025, after market close. The company will host a conference call at 4:30 p.m. ET to discuss the results. Investors can access the call by dialing 201-689-8560 or using the Call Me™ feature.
A replay of the call will be available by dialing 412-317-6671 (conference ID: 13753452) until June 5, 2025. The call will also be webcast live and archived on Red Robin's Investor Relations website.
Red Robin Gourmet Burgers (NASDAQ: RRGB) announced a significant leadership transition as G.J. Hart steps down as President and CEO after five-and-a-half years. David A. Pace, current Chairman of the Board, will succeed Hart as President and CEO effective immediately, while Anthony S. Ackil will become the new Chairman.
The transition comes as Red Robin completes key elements of its North Star plan, focusing on improving guest experience and operational efficiency. Hart will serve in an advisory capacity through September 2025 to ensure a smooth transition.
Pace brings 35 years of leadership experience, including roles as Co-CEO of Tastemaker Acquisition and CEO of Jamba Juice Inc., where he tripled profit performance.
For Q1 2025, Red Robin expects:
- Comparable restaurant sales increase of approximately 3%
- Adjusted EBITDA to exceed previously guided range of $18-19 million
Red Robin Gourmet Burgers (NASDAQ: RRGB) is launching its Bottomless Burger Pass for National Burger Month, offering unlimited daily gourmet burgers with bottomless sides throughout May 2025 for just $20. The exclusive passes will be available from April 17, 2025, at 9 a.m. MT on RedRobin.com.
Starting April 28, the restaurant chain is introducing new seasonal menu items including the Backyard BBQ Pork Burger, Backyard BBQ Pork Nachos, Peach-Berry Freckled Lemonade variants, and Peaches & Cream Milkshake.
Additionally, Red Robin Royalty members can participate in a sweepstakes from May 1-31, 2025, for a chance to win free burgers for a year. Members automatically enter by purchasing a burger and beverage while logged into their account, with 12 winners to be selected randomly.
Red Robin Gourmet Burgers (NASDAQ: RRGB) announces a new menu collaboration with Mike's Hot Honey®, launching March 24, 2025. The partnership introduces three new 'swicy' (sweet and spicy) menu items: the Hot Honey Crispy Chicken Sandwich, Hot Honey Pepperoni Pizza (available at participating locations), and Hot Honey Wings.
The menu expansion includes new beverages like Mango Passion Lemonade and Spicy Passion Mango Margarita, plus Caesar salad options featuring the Everything Caesar Salad and Everything Chicken Caesar Wrap. Customers can customize any menu item by adding Mike's Hot Honey for an additional charge.
This marks Red Robin's first Donatos® Pizza innovation in three years, demonstrating the company's commitment to menu innovation and responding to consumer demand for adventurous dining options.
Red Robin Gourmet Burgers (NASDAQ: RRGB) introduces the -time Buzzer Beater Bacon Cheeseburger during college basketball season, available from March 3 through April 7. The burger comes in two variants:
- 'Three-pointer': Features three beef patties, four bacon strips, six American cheese slices
- 'Two-pointer': Includes two beef patties, four bacon strips, four cheese slices
Both versions come with Red's Secret Tavern Sauce™ and a choice of bottomless sides. The company is offering $0 delivery from April 5-7 when ordering through RedRobin.com or their mobile app. The new burgers are prepared on flattop grills for enhanced caramelization and flavor.
Red Robin Gourmet Burgers (NASDAQ: RRGB) reported mixed results for Q4 and fiscal year 2024. Q4 showed a 3.4% increase in comparable restaurant revenue, while total revenues decreased to $285.2 million due to one less operating week. The company posted a net loss of $39.7 million in Q4, compared to $13.7 million loss in 2023, including $32.4 million in impairment costs.
For fiscal 2024, total revenues declined to $1.25 billion, with a 1.2% decrease in comparable restaurant revenue. The annual net loss widened to $77.5 million from $21.2 million in 2023. The company is evaluating alternatives for approximately 70 underperforming locations and plans to sell three owned properties for $5.8 million in Q1 2025.
Looking ahead, Red Robin's 2025 guidance projects revenue between $1.225-1.250 billion and Adjusted EBITDA of $60-65 million.
Red Robin Gourmet Burgers (NASDAQ: RRGB) has announced it will release its fiscal fourth quarter and full year 2024 financial results on Wednesday, February 26, 2025, after market close. The company will host a conference call at 4:30 p.m. ET to discuss the results. Investors can access the call by dialing 201-689-8560 or using the Call Me™ feature.
A replay of the conference call will be available until March 5, 2025, by dialing 412-317-6671 with conference ID 13750794. The call will also be webcast live and archived on the company's Investor Relations website.
Red Robin Gourmet Burgers (NASDAQ: RRGB) has announced a Valentine's Day marketing campaign where one couple can win a diamond engagement ring valued up to $10,000 by proposing with an onion ring at a Red Robin location. The winning couple will also receive Towering Onion Rings® for their engagement duration.
The restaurant chain is also offering a special Lovebird Combo promotion from February 13-16, 2025, featuring two Gourmet Burgers, bottomless sides, and a Lemon Cream Layer Cake for $34.99. The promotion includes a -edition Lovebird Margarita for $7.99.
To participate in the engagement ring contest, couples must submit their onion ring proposal video or photo between February 13-19, 2025. The winner will be selected and notified by March 21, 2025.
Red Robin Gourmet Burgers (NASDAQ: RRGB) announces a unique Valentine's Day promotion where one lucky couple can win a diamond engagement ring valued up to $10,000 by proposing with an onion ring at their restaurant. The winning couple will also receive Towering Onion Rings® for their entire engagement period.
To participate, couples must propose at a Red Robin location on Valentine's Day and submit their proposal video or photo between Feb. 13-19, 2025. The winner will be notified via email by March 21.
Additionally, Red Robin is offering a special Lovebird Combo promotion from Feb. 13-16, 2025. For $34.99, dine-in guests can enjoy two select Gourmet Burgers, two bottomless sides, and a slice of Lemon Cream Layer Cake. A special Lovebird Margarita is also available for $7.99.
FAQ
What is the current stock price of Red Robin Gourmet Burgers (RRGB)?
What is the market cap of Red Robin Gourmet Burgers (RRGB)?
