Company: RRGB
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001171759-25-000020
Chunk: 65

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-05-29
Form: 10-Q
Item: Part I, Item 2
Chunk 65
---
 which is recorded as a reduction to cost of sales, partially offset by an increase in commodity prices. 

18

LaborSixteen Weeks Ended(In thousands, except percentages)April 20, 2025April 21, 2024Percent ChangeLabor$143,058 $148,958 (4.0)%As a percent of restaurant revenue37.1 %39.3 %(2.2)%

Labor costs include restaurant level hourly wages and management salaries as well as related taxes and benefits. For the first quarter of fiscal 2025, labor as a percentage of restaurant revenue decreased 220 basis points compared to the same period in fiscal 2024. The decrease was primarily driven by ongoing efforts to reduce hourly labor costs, and reduced turnover.

Other Operating

Sixteen Weeks Ended(In thousands, except percentages)April 20, 2025April 21, 2024Percent ChangeOther operating$67,532 $66,490 1.6 %As a percent of restaurant revenue17.5 %17.6 %(0.1)%

Other operating costs include costs such as repair and maintenance costs, restaurant supplies, utilities, restaurant technology, and other miscellaneous costs. For the first quarter of fiscal 2025, other operating costs as a percentage of restaurant revenue decreased 10 basis points compared to the same period in fiscal 2024. 

OccupancySixteen Weeks Ended(In thousands, except percentages)April 20, 2025April 21, 2024Percent ChangeOccupancy$32,197 $31,428 2.4 %As a percent of restaurant revenue8.3 %8.3 %— %

Occupancy costs include fixed rents, property taxes, common area maintenance charges, general liability insurance, contingent rents, and other property costs. Occupancy costs as a percentage of restaurant revenue was consistent for the first quarter of fiscal 2025 compared to the same period in fiscal 2024. 

Depreciation and Amortization

Sixteen Weeks Ended(In thousands, except percentages)April 20, 2025April 21, 2024Percent ChangeDepreciation and amortization$15,434 $18,154 (15.0)%As a percent of total revenues3.9 %4.7 %(0.8)%

Depreciation and amortization include depreciation on capital expenditures for restaurants and corporate assets as well as amortization of reacquired franchise rights, lease