STOCK TITAN

Red Robin Gourmet Burgers Inc - RRGB STOCK NEWS

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.

Company Overview

Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB) is an established casual dining restaurant operator founded in 1969. Recognized for its imaginative selection of gourmet burgers, the company serves a diverse clientele with high-quality burger creations in a family-friendly, playful atmosphere. Using strategic initiatives and a deep-rooted culture based on its b.u.r.g.e.r. values, Red Robin marries exceptional food quality with an inviting guest experience.

Business and Operational Model

Operating primarily in North America, Red Robin develops, operates, and franchises a network of casual-dining restaurants. Its revenue streams are diversified through direct restaurant operations, franchise royalties and fees, gift card breakage, and other miscellaneous income avenues. The business model emphasizes robust operational efficiency and a unique brand identity, anchored in quality service and innovative, craveable menu offerings.

Brand Culture and Core Values

The company culture is built on the distinctive b.u.r.g.e.r. values which stand for Bottomless fun, Unwavering integrity, Relentless focus on improvement, Genuine spirit of service, Extraordinary people, and Recognized burger authority. These core principles inform every decision—from curating an imaginative menu to selecting new restaurant locations—thereby enhancing the overall guest experience and fostering a loyal customer base.

Menu Innovation and Guest Experience

Red Robin's menu is designed to cater to guests of all ages, offering not only gourmet burgers but an array of salads, appetizers, entrees, desserts, and signature beverages. The inclusion of unique offerings such as bottomless sides and innovative concepts like 'Burger Stories' exemplify the company’s commitment to creating memorable dining experiences. The integration of modern technology through online ordering, mobile apps, and loyalty programs further compliments its efforts to remain relevant and accessible in the current market.

Market Position and Competitive Landscape

In the competitive landscape of casual dining, Red Robin distinguishes itself through its focus on quality, creativity, and customer engagement. By leveraging a franchise model alongside robust operational strategies, the company has carved out a significant market position. Its emphasis on a family-friendly, energetic environment and a broad menu appeal resonates with a wide demographic, allowing it to compete effectively against other industry players without resorting to transient or overly promotional claims.

Operational Excellence and Strategic Initiatives

Red Robin continues to maintain a firm operational focus with its consistent improvements in guest service and operational efficiencies. While its financial communications detail various performance metrics, the essence of the company remains its deep commitment to operational excellence and delivering an authentic casual dining experience. The company’s ability to blend traditional service with modern innovation, such as digital ordering solutions, underscores its adaptability and expertise in the evolving restaurant industry.

Commitment to Quality and Community

Beyond serving high-quality gourmet burgers, the company is known for its remarkable guest service and community involvement. The consistent application of its b.u.r.g.e.r. values across every restaurant underscores a commitment not just to creating enjoyable dining experiences, but also to nurturing lasting relationships with guests, team members, and the wider community.

Investor-Focused Insights

The detailed operational structure and execution of its franchise model, coupled with a commitment to continuous improvement, make Red Robin a distinctive case study in the casual dining sector. The company’s structured approach to menu innovation, operational efficiency, and guest satisfaction positions it as a relevant enterprise for those analyzing the dynamics of consumer-driven service models in North America.

Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. introduces innovative new flavors with the Lava Queso Burger, Chocolate Covered Pretzel Milkshake, and the return of the MadLove Burger. The company showcases a variety of creative flavor combinations and upgraded recipes, offering a -time $12 gourmet burger lineup. Red Robin aims to satisfy its guests' gourmet cravings with a focus on culinary creativity and quality ingredients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
Tags
none
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) completes a third Sale-Leaseback transaction with Essential Properties Realty Trust, Inc. (NYSE: EPRT), generating gross proceeds of approximately $24 million. The company expects to reduce debt by about $23 million, showcasing a strategic financial move to strengthen its financial position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.37%
Tags
none
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reports a 1.6% increase in fiscal 2023 comparable restaurant revenue, a $57.7 million improvement in net loss, and a 33% increase in Adjusted EBITDA. The company saw total revenues of $1.3 billion for fiscal 2023, with a 1.6% increase in comparable restaurant revenue. Red Robin completed two Sale-Leaseback transactions, repaid debt, and repurchased stock to strengthen its balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.02%
Tags
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) announced the release of its financial results for the fiscal fourth quarter and full year 2023 on February 28, 2024. The conference call to discuss these results will be held at 4:30 p.m. ET. Investors can access the call through various channels and a replay will be available until March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.33%
Tags
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (RRGB) has partnered with Juicy Couture to introduce The Juicier Collection, a limited-edition line celebrating the brand's new juicier, more flavorful burgers. The collection features a tomato red color and custom crystal diamanté 'Juicier' on the lower back and behind, and the Red Robin logo on the chest and hip. The collection is available in sizes small to 3X for $169, including tax, fees, and shipping. The collaboration captures the essence of both brands, offering consumers a fresh and exciting way to express themselves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
Tags
none
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) opens its 18th location in Ohio, operated by Ansara Restaurant Group. The grand opening in Rossford will feature a ribbon cutting ceremony, community leader remarks, and a $2,500 donation to the Rossford Fire Association. The restaurant offers a variety of gourmet burgers, shareable appetizers, salads, sandwiches, entrees, shakes, and a full bar. Guests can also enjoy happy hour specials on weekdays.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.14%
Tags
none
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) will participate in two investor conferences in January 2024, including the 26th Annual ICR Conference and the Jefferies 13th Annual Winter Consumer Summit. The company will engage in fireside chat discussions, webcast live and archived on its website, and host investor meetings during the conferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6%
Tags
conferences
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) appoints Meghan Spuler as Chief People Officer, completing its best-in-class leadership team. Spuler brings two decades of experience in hospitality, consumer packaged goods, and aerospace brands. She will be responsible for overseeing the company’s market and managing partner compensation program, diversity, equity and inclusion initiatives, benefits, and staffing, supporting Red Robin’s 22,400 Field and Restaurant Support Center Team Members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
Tags
none
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (RRGB) offers a limited-edition $100 gift card with free appetizers in 2024, benefiting Make-A-Wish. Purchase available online from Nov. 24-27 and in restaurants Dec. 1-31. Additionally, a digital gift card purchase from Nov. 28 to Dec. 3 donates 10% to Make-A-Wish. Bonus Buck Rewards are also available for holiday gift giving.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.5%
Tags
none
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reported financial results for Q3 2023. Total revenues decreased by $9.2 million, comparable restaurant revenue decreased by 3.4%, and net loss decreased by $4.5 million compared to Q3 2022. However, adjusted EBITDA increased by $2.9 million. Year-to-date, total revenues increased by $18.1 million, comparable restaurant revenue increased by 2.9%, and net loss decreased by $26.7 million compared to the same period in 2022. Adjusted EBITDA increased by $14.5 million. The company repaid $8.4 million of debt and repurchased $5.0 million of stock. Red Robin also completed a Sale-Leaseback transaction for nine restaurants, generating net proceeds of approximately $30.4 million. The company's CEO expressed confidence in the brand's comeback.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.27%
Tags

FAQ

What is the current stock price of Red Robin Gourmet Burgers (RRGB)?

The current stock price of Red Robin Gourmet Burgers (RRGB) is $3.27 as of April 4, 2025.

What is the market cap of Red Robin Gourmet Burgers (RRGB)?

The market cap of Red Robin Gourmet Burgers (RRGB) is approximately 56.7M.

What is Red Robin Gourmet Burgers Inc known for?

Red Robin is best known for serving high-quality gourmet burgers in a casual dining environment that emphasizes family-friendly dining and innovative menu offerings.

When was the company founded?

The company was founded in 1969 and has grown to become a recognized name in the casual dining and restaurant franchise industry.

How does Red Robin generate revenue?

The company generates revenue through multiple channels, including direct restaurant operations, franchise fees and royalties, gift card breakage, and various ancillary revenue streams.

What makes Red Robin’s dining experience unique?

Red Robin’s dining experience is distinguished by its imaginative gourmet burger offerings, family-friendly atmosphere, and unique initiatives such as 'Burger Stories' that create memorable guest interactions.

How does the company uphold its core values?

Red Robin upholds its core b.u.r.g.e.r. values—Bottomless fun, Unwavering integrity, Relentless focus on improvement, Genuine spirit of service, Extraordinary people, and Recognized burger authority—across all aspects of its operations and guest service.

What is the significance of the franchise model for Red Robin?

The franchise model allows Red Robin to expand its presence across North America while maintaining high operational standards, ensuring that both company-owned and franchised restaurants deliver a consistent and engaging dining experience.

How does technology integrate into the customer experience?

Red Robin incorporates technology through online ordering, mobile customization, and loyalty programs, ensuring that guests enjoy a seamless and modern dining experience that complements its traditional service values.

How is Red Robin positioned in the casual dining industry?

By combining quality food, a distinctive brand culture, and robust operational practices, Red Robin maintains a competitive edge in the casual dining industry, appealing to a diverse demographic seeking both excellent taste and memorable service.
Red Robin Gourmet Burgers Inc

Nasdaq:RRGB

RRGB Rankings

RRGB Stock Data

56.68M
14.33M
14.63%
50.14%
14.98%
Restaurants
Retail-eating Places
Link
United States
ENGLEWOOD