Company: RRGB
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001171759-25-000028
Chunk: 57

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 57
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•Adjusted EBITDA(2) is $22.4 million compared to $13.6 million last year, a 64% increase.

Highlights for the Year to Date Period of Fiscal 2025, Compared to the Year to Date Period of Fiscal 2024:

•Total revenues are $676.1 million, a decrease of $12.6 million.

•Comparable restaurant revenue(1) increased 0.4% including recognition of deferred loyalty revenue. Excluding deferred loyalty revenue, comparable restaurant revenue(1) increased 1.3%.

•Net income is $5.2 million, compared to a net loss of $18.9 million last year, a $24.2 million increase.

•Adjusted EBITDA(2) is $50.3 million compared to $27.0 million last year, an 86% increase.

•Repaid $20.3 million of debt.

(1) Comparable restaurant revenue represents revenue from Company-owned restaurants that have operated for at least 18 months as of the beginning of the period presented.

(2) See "Reconciliation of Non-GAAP Results to GAAP Results" for more details.

Business Trends

We are closely monitoring evolving macroeconomic conditions, including ongoing inflationary pressures and uncertainty stemming from proposed and enacted trade policies such as tariffs. Although a significant portion of our supply chain is domestically sourced, helping to mitigate some exposure, we recognize that changes to trade regulations and tariff implementations could lead to increased costs for certain commodities and materials. Additionally, the broader implications of tariff-driven price increases could influence consumer spending habits and negatively affect our business. At this time, we do not anticipate a material adverse impact to our financial performance for the remainder of fiscal year 2025. Continued volatility in global trade and economic policy, however, presents a risk to both profitability and future demand.

Key Performance Indicators

Restaurant Revenue, compared to the same quarter in the prior year, is presented in the table below:(Dollars in millions)Twelve Weeks EndedTwenty-Eight Weeks EndedRestaurant Revenue for the period ended July 14, 2024$294.5 $673.0 Increase/(Decrease) in comparable restaurant revenue(9.1)2.4 Decrease in non-comparable and closed restaurant revenue(6.0)(10.3)Total increase/(decrease)(15.1)(7.9)Restaurant Revenue for the period ended July 13, 2025$