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Red Robin Gourmet (RRGB)
NASDAQ:RRGB
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.51Last Year’s EPS
-0.8Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 24.56%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
Red Robin demonstrated significant improvements in traffic trends, guest satisfaction, and loyalty program growth. However, challenges such as declining total revenues, planned restaurant closures, and increased discount levels indicated a mixed performance. Despite these challenges, the positive aspects, particularly in operational improvements and customer engagement, suggest a cautiously optimistic outlook.Company Guidance
During the Red Robin Gourmet Burgers Fourth Quarter 2024 Earnings Call, the company highlighted several metrics reflecting its progress and future guidance. They reported a 600 basis point improvement in traffic trends from the first to the fourth quarter of 2024, and an 8 percentage point increase in dine-in guest satisfaction scores compared to 2023. The revamped Red Robin Royalty program contributed to membership growth, ending the year with approximately 14.9 million members. For Q4, comparable restaurant revenue increased by 3.4%, with adjusted EBITDA rising 19% to $12.7 million. Looking forward, Red Robin aims for 2025 total revenue between $1.225 billion and $1.25 billion, with restaurant-level operating profit expected to improve by 120 to 220 basis points, and adjusted EBITDA projected at $60 to $65 million. They also plan to close 10 to 15 underperforming restaurants during 2025.Improvement in Traffic Trends
Red Robin reported a 600 basis point improvement in traffic trends from Q1 to Q4 of 2024, indicating successful initiatives to drive restaurant traffic.
Increase in Guest Satisfaction Scores
Dine-in guest satisfaction scores increased by approximately 8 percentage points in 2024 compared to 2023, beating the casual dining average.
Growth in Loyalty Program Membership
The revamped Red Robin Royalty program spurred membership growth of approximately 1.5 million members in 2024, ending the year with approximately 14.9 million members.
Comparable Restaurant Revenue Growth
The company delivered a 3.4% increase in comparable restaurant revenue in Q4 2024, excluding the impact of deferred loyalty revenue.
Increase in Adjusted EBITDA
Adjusted EBITDA increased by 19% to $12.7 million during Q4 2024, showing successful management of operational costs.
Successful Managing Partner Compensation Program
The Managing Partner Compensation Program has been successfully launched, aligning operators around a unified goal of driving growth in traffic and profit dollars.
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RRGB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RRGB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $4.52 | $6.08 | +34.51% |
| Nov 06, 2024 | $6.12 | $5.20 | -15.03% |
| Aug 22, 2024 | $4.73 | $4.34 | -8.25% |
| May 29, 2024 | $6.73 | $7.73 | +14.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Red Robin Gourmet (RRGB) report earnings?
Red Robin Gourmet (RRGB) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Red Robin Gourmet (RRGB) earnings time?
Red Robin Gourmet (RRGB) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RRGB EPS forecast?
RRGB EPS forecast for the fiscal quarter 2025 (Q1) is -0.51.
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