Red Robin reports preliminary Q4 revenue $290.2M (+2.4%); launches North Star plan to double EBITDA margin

RED ROBIN GOURMET BURGERS INC

2022-FY EPS reported -$4.91 revenue$1,266,617,000

Preliminary Q4 2022 total revenue $290.2M, up 2.4% YoY; comparable revenue up 2.5% (1.5% excl. breakage).
Red Robin Royalty loyalty members ~11.3M (+0.3M vs prior year); 247 restaurants now offer Donatos.
Evaluating sale-leaseback of up to 35 owned properties; engaged CBRE; expects process complete Q1 2023.
North Star five-point plan aims to more than double Adjusted EBITDA margin over three years.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RED ROBIN GOURMET BURGERS INC reported the fourth quarter ended December 25, 2022 results: revenue $290.2 million.

Period: the fourth quarter ended December 25, 2022
Revenue: $290.2 million
Result: preliminary results

Exact text from the filing

for shareholders.” Preliminary Revenue Results for the Fourth Quarter, as Compared to the Prior Year as Applicable, Included the Following: • Total revenue of approximately $290.2 million increased 2.4% compared to the fourth quarter of 2021 ◦ Red Robin Royalty® membership is approximately 11.3 million members, an increase of approximately 0.3 million • Comparable

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Source: SEC EDGAR

accession 0001171759-23-000004

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