---
schema_version: "secwatch.filing_event.v1"
accession: "0001171759-24-000010"
form_type: "8-K"
ticker: "RRGB"
cik: "0001171759"
company_name: "RED ROBIN GOURMET BURGERS INC"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:13:38.182675+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Red Robin reports FY 2023 net loss improvement of $57.7M, Adj. EBITDA up 33%; guides FY 2024 revenue $1.25-1.275B

## Summary
- Q4 total revenues $309.0M (+$19.4M YoY); comparable restaurant revenue -2.7%; net loss $13.7M vs $44.7M loss prior year.
- Full year 2023: total revenues $1.303B (+$37.5M), comparable +1.6%; net loss $21.2M vs $78.9M loss in 2022; Adjusted EBITDA $68.9M (+33%).
- Repaid $24.9M debt and repurchased $10.0M stock in 2023; expects Q1 2024 sale-leaseback of 8-11 properties for $20-26M gross proceeds.
- FY 2024 guidance: total revenue $1.250B-$1.275B (52 weeks vs 53); Adj. EBITDA $60M-$70M; CapEx $25M-$35M.
- Balance sheet: $189.1M credit facility borrowings, $48.6M liquidity; sale-leaseback proceeds to further reduce debt.

## SEC filing metadata
- accession: 0001171759-24-000010
- form_type: 8-K
- ticker: RRGB
- cik: 0001171759
- company_name: RED ROBIN GOURMET BURGERS INC
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1171759/000117175924000010/0001171759-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171759/000117175924000010/rrgb-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171759-24-000010
- JSON: https://secwatch.observer/filing/0001171759-24-000010.json
- Plain text: https://secwatch.observer/filing/0001171759-24-000010.txt

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