Company: RRGB
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001171759-25-000028
Chunk: 93

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 93
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 accordance with GAAP. Adjusted EBITDA, Adjusted net income (loss) and Adjusted net income (loss) per share-diluted exclude the impact of non-operating or nonrecurring items including changes in estimates, asset impairments, litigation contingencies, gains (losses) on debt extinguishment, restaurant and office closure costs, gains (losses) 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 (dollars in thousands):

Twelve Weeks EndedTwenty-Eight Weeks EndedJuly 13, 2025July 14, 2024July 13, 2025July 14, 2024Income (loss) from operations$9,815 3.5%$(4,561)(1.5)%$18,877 2.8%$(6,672)(1.0)%Less:Franchise revenue 3,186 1.1%4,287 1.4%7,675 1.1%9,628 1.4%Other revenue1,212 0.4%1,410 0.5%3,265 0.5%6,042 0.9%Add:Other charges (gains), net(256)(0.1)2,931 1.0420 0.1(1,045)(0.2)General and administrative expenses17,418 6.116,612 5.544,408 6.642,454 6.2Selling6,350 2.212,040 4.015,726 2.325,587 3.7Depreciation and amortization11,579 4.113,402 4.527,013 4.031,556 4.6Restaurant level operating profit$40,508 14.5%$34,727 11.