---
schema_version: "secwatch.filing_event.v1"
accession: "0001171759-24-000016"
form_type: "8-K"
ticker: "RRGB"
cik: "0001171759"
company_name: "RED ROBIN GOURMET BURGERS INC"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:36:46.467965+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Red Robin Q1 net loss widens to $9.5M; revenue falls 6.5% YoY; early Q2 trends positive

## Summary
- Net loss of $9.5M ($0.61 per diluted share) vs $3.3M loss year ago; adjusted EBITDA $12.2M vs $35.9M.
- Total revenues $388.5M, down $29.3M; comparable restaurant revenue fell 6.5%.
- Completed sale-leaseback of 10 restaurants for $23.9M, repaid $21.2M debt in Q1.
- Comparable restaurant revenue up 0.3% in first five weeks of Q2; guidance reaffirmed: revenue $1.25-1.275B, EBITDA $60-70M.
- Launched new loyalty program on May 22, 2024.

## SEC filing metadata
- accession: 0001171759-24-000016
- form_type: 8-K
- ticker: RRGB
- cik: 0001171759
- company_name: RED ROBIN GOURMET BURGERS INC
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1171759/000117175924000016/0001171759-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171759/000117175924000016/rrgb-20240529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171759-24-000016
- JSON: https://secwatch.observer/filing/0001171759-24-000016.json
- Plain text: https://secwatch.observer/filing/0001171759-24-000016.txt

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