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Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Fourth Quarter and Fiscal Year Ended December 28, 2025

  • Red Robin Gourmet Burgers, Inc. reported financial results for the fiscal fourth quarter and full year ended December 28, 2025, following the launch of its "First Choice" strategic plan in mid-2025.
  • Full-year 2025 total revenues were $1,210.2 million, down from $1,248.6 million in 2024, while adjusted EBITDA increased 53% to $69.7 million.
  • Comparable restaurant revenue for the full year decreased 0.7%, including a 3.8% decline in guest traffic offset by a 4.2% benefit from net menu pricing.
  • Restaurant level operating profit margin improved to 12.7% for the full year, a 190 basis point increase from 2024, driven by efficiency initiatives & higher average guest checks.
  • The company reported a net loss of $23.3 million for 2025, compared to a loss of $77.5 million in 2024, with adjusted net loss per diluted share improving to $0.64 from $3.01.
  • As of December 28, 2025, the company held outstanding credit facility borrowings of $170.2 million & total liquidity of approximately $56.9 million.
  • Fiscal 2026 guidance includes comparable restaurant revenue growth of 0.5% to 1.5%, restaurant level operating profit of approximately 13.0%, & adjusted EBITDA between $70 million & $73 million.
  • The company expects capital expenditures for 2026 to range between $25 million & $30 million, while noting it will not provide guidance for income from operations or net income.
  • Red Robin hosted an investor conference call on February 25, 2026, to discuss these results & its outlook, with a replay available through March 11, 2026.