Company: RRGB
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051046
Chunk: 35

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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) on restaurant sales, severance and executive transition costs, stock-based compensation expense and other non-recurring, non-cash or discrete items; net of income tax impacts. Other companies may define these non-GAAP measures differently, and as a result may not be directly comparable to those of other companies. Adjusted net income (loss) per share-diluted and Adjusted EBITDA should be considered in addition to, and not as a substitute for, net income (loss) as reported in accordance with U.S. GAAP as a measure of performance.

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The following table summarizes Income (loss) from operations and Restaurant level operating profit for the periods presented:

Twelve Weeks EndedForty Weeks Ended(Dollars in thousands)October 5, 2025October 6, 2024October 5, 2025October 6, 2024Income (loss) from operations$(12,113)(4.6)%$(12,877)(4.7)%$6,765 0.7%$(19,551)(2.0)%Less:Franchise revenue 3,265 1.2%3,007 1.1%10,940 1.2%12,635 1.3%Other revenue954 0.4%1,026 0.4%4,218 0.4%7,068 0.7%Add:Other charges (gains), net6,426 2.41,532 0.6%6,846 0.7487 0.1%General and administrative expenses16,912 6.420,823 7.6%61,320 6.563,277 6.6%Selling6,797 2.65,467 2.0%22,523 2.431,052 3.2%Depreciation and amortization12,019 4.513,330 4.9%39,031 4.144,886 4.7%Restaurant level operating profit$25,822 9.9%$24,242 9.0%$121,327 13.1%$100,448 10.6%

The Company believes restaurant level operating profit is an important measure for management and investors because it is widely regarded in the restaurant industry as a useful metric by which to evaluate restaurant level operating efficiency and performance. The Company defines restaurant level operating profit to be income from operations