Company: RRGB
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001171759-25-000020
Chunk: 1

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-05-29
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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4(152,944)(164,937)Paid-in capital224,280 233,667 Accumulated other comprehensive loss, net of tax(60)(62)Accumulated deficit(151,710)(152,959)Total stockholders' equity (deficit)(80,412)(84,269)Total liabilities and stockholders' equity (deficit)$606,229 $641,314 

See Notes to Condensed Consolidated Financial Statements

1

Table of Contents

RED ROBIN GOURMET BURGERS, INC.

 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(Unaudited)Sixteen Weeks Ended(in thousands, except for per share amounts)April 20, 2025April 21, 2024Revenues:Restaurant revenue$385,809 $378,568 Franchise revenue4,489 5,341 Other revenue2,053 4,632 Total revenues392,351 388,541 Costs and expenses:Restaurant operating costs (excluding depreciation and amortization shown separately below):Cost of sales88,028 90,209 Labor143,058 148,958 Other operating67,532 66,490 Occupancy32,197 31,428 Depreciation and amortization15,434 18,154 General and administrative (includes $2,589 and $1,190 of stock-based compensation)26,989 25,842 Selling9,376 13,547 Other charges (gains), net (includes $(225) and $33 of stock-based compensation)676 (3,976)Total costs and expenses383,290 390,652 Income (loss) from operations9,061 (2,111)Other expense (income):Interest expense8,066 7,480 Interest (income) and other, net(251)(312)Income (loss) before income taxes1,246 (9,279)Income tax provision (benefit)(3)181 Net income (loss)$1,249 $(9,460)Net income (loss) per share:Basic$0.07 $(0.61)Diluted$0.07 $(0.61)Weighted average shares outstanding:Basic17,546 15,554 Diluted18,302 15,554 Other comprehensive income (loss