Company: RRGB
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001171759-25-000020
Chunk: 17

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-05-29
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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Income (loss) from operations2.3 (0.5)Other expense (income):Interest expense2.1 1.9 Interest (income) and other, net(0.1)(0.1)Income (loss) before income taxes0.3 (2.4)Income tax provision (benefit)— — Net income (loss)0.3 %(2.4)%

(1)    Expressed as a percentage of restaurant revenue.

17

Revenues

Sixteen Weeks Ended(Dollars in thousands)April 20, 2025April 21, 2024Percent ChangeRestaurant revenue$385,809 $378,568 1.9 %Franchise revenue4,489 5,341 (16.0)%Other revenue2,053 4,632 (55.7)%Total revenues$392,351 $388,541 1.0 %Average weekly net sales volumes in Company-owned restaurants$59,483 $57,139 4.1 %Total operating weeks6,486 6,611 (1.9)%

Restaurant revenue, which is comprised primarily of food and beverage sales, increased $7.2 million, or 1.9%, in the first quarter of fiscal 2025, as compared to the comparable period of fiscal 2024. Comparable restaurant revenue increased $11.5 million, or 3.1%, partially offset by a $2.9 million decrease associated with the closure of 12 locations since the first fiscal quarter of 2024. The comparable restaurant revenue increase includes a 6.6% increase in average Guest check offset in part by a 3.5% decrease in Guest count. The increase in average Guest check resulted from a 6.8% increase in menu prices, partially offset by a 0.1% decrease from menu mix. The decrease in menu mix was primarily driven by growth in our catering business that contributes a lower average Guest check than our other channels.

Average weekly net sales volumes are calculated as the total restaurant revenue for all Company-owned Red Robin restaurants for each time period presented, divided by the number of operating weeks in the period. 

Franchise revenue decreased by $0.9 million, or 16.0%, in the first quarter of fiscal 2025 compared to the same period of fiscal 2024, primarily due to a decrease in franchisee contributions for marketing programs