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Red Robin Gourmet Burgers Q4 Loss Widens

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Red Robin Gourmet Burgers (RRGB) announced Loss for its fourth quarter of -$39.7 million

The company's bottom line came in at -$39.7 million, or -$2.48 per share. This compares with -$13.7 million, or -$0.87 per share, last year.

Excluding items, Red Robin Gourmet Burgers reported adjusted earnings of -$0.94 per share for the period.

The company's revenue for the period fell 7.7% to $285.2 million from $309.0 million last year.

Red Robin Gourmet Burgers earnings at a glance (GAAP) :

-Earnings: -$39.7 Mln. vs. -$13.7 Mln. last year.
-EPS: -$2.48 vs. -$0.87 last year.
-Revenue: $285.2 Mln vs. $309.0 Mln last year.

The company expects full-year 2025 total revenue of $1.225 billion to $1.250 billion.

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