secwatch.observer — SEC 8-K summary
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Issuer:     RED ROBIN GOURMET BURGERS INC (RRGB)
CIK:        0001171759
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001171759-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171759/000117175923000004/0001171759-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171759/000117175923000004/rrgb-20230109.htm
  HTML page:      https://secwatch.observer/filing/0001171759-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer