---
schema_version: "secwatch.filing_event.v1"
accession: "0001171759-23-000013"
form_type: "8-K"
ticker: "RRGB"
cik: "0001171759"
company_name: "RED ROBIN GOURMET BURGERS INC"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:02:17.120326+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Red Robin Q4 net loss widens to $44.2M, includes $25M impairment; FY2023 EBITDA guidance $62.5-72.5M

## Summary
- Q4 total revenues $290.1M (+2.4% YoY); comparable restaurant revenue +2.5% (1.5% ex breakage).
- Q4 net loss $44.2M vs $21.3M loss a year ago; includes non-cash impairment $25.0M on 36 locations.
- Q4 adjusted EBITDA $8.9M (flat YoY); adjusted loss per share $1.35 vs $1.03.
- FY2022 adjusted EBITDA $52.8M vs $63.5M; FY2023 guidance: adjusted EBITDA $62.5M to $72.5M; total revenue ~$1.3B.
- Sale-leaseback evaluation for up to 35 properties; expects transaction in Q2 2023.

## SEC filing metadata
- accession: 0001171759-23-000013
- form_type: 8-K
- ticker: RRGB
- cik: 0001171759
- company_name: RED ROBIN GOURMET BURGERS INC
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1171759/000117175923000013/0001171759-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171759/000117175923000013/rrgb-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171759-23-000013
- JSON: https://secwatch.observer/filing/0001171759-23-000013.json
- Plain text: https://secwatch.observer/filing/0001171759-23-000013.txt

## Key facts
- Earnings Releases
  RED ROBIN GOURMET BURGERS INC updated its the fourth fiscal quarter and fiscal year ended December 25, 2022 guidance (reaffirmed).
  - Period: the fourth fiscal quarter and fiscal year ended December 25, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: Red Robin Gourmet Burgers, Inc. issued a press release describing selected financial results for the fourth fiscal quarter and fiscal year ended December 25, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1171759/000117175923000013/0001171759-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.