Company: RRGB
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001171759-25-000020
Chunk: 63

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-05-29
Form: 10-Q
Item: Part I, Item 2
Chunk 63
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This information has been prepared on a basis consistent with our audited 2024 annual financial statements, and, in the opinion of management, includes all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the information for the periods presented. Our operating results may fluctuate significantly as a result of a variety of factors, and operating results for any period presented are not necessarily indicative of results for a full fiscal year.

Sixteen Weeks Ended (Dollars in thousands)April 20, 2025April 21, 2024Revenues: Restaurant revenue98.4 %97.4 %Franchise revenue1.1 1.4 Other revenue0.5 1.2 Total revenues100.0 100.0 Costs and expenses: Restaurant operating costs (1) (excluding depreciation and amortization shown separately below): Cost of sales22.8 23.8 Labor37.1 39.3 Other operating17.5 17.6 Occupancy8.3 8.3 Total restaurant operating costs85.6 88.9 Depreciation and amortization3.9 4.7 General and administrative6.9 6.7 Selling2.4 3.5 Other charges (gains), net0.2 (1.0)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,