earnings
confidence high
sentiment negative
materiality 0.70
Red Robin Q3 net loss $12.6M, comp sales up 5.3%, lowers adjusted EBITDA guidance
RED ROBIN GOURMET BURGERS INC
2022-Q3 EPS reported
-$2.12
revenue$976,528,000
- Restaurant revenue $282.4M (+4.5% YoY); comparable restaurant revenue +5.3% vs 2021.
- Net loss $12.6M improved from $15.0M loss in prior year; Adjusted EBITDA $4.0M down from $8.3M.
- Loss per share $(0.79); adjusted loss per share $(1.03).
- Full-year guidance: Adjusted EBITDA $53-58M, SG&A $138-142M, capex $43-48M.
- Donatos restaurants outperforming; Royalty membership exceeds 11M.