earnings
confidence high
sentiment positive
materiality 0.65
Red Robin reports preliminary Q4 2024 revenue $285.2M; comp revenue up 3.4%
RED ROBIN GOURMET BURGERS INC
2024-FY EPS reported
-$4.93
revenue$1,248,560,000
- Total revenue expected ~$285.2M, down $23.8M due to 12 vs 13 operating weeks.
- Comparable restaurant revenue up 3.4% (excl. deferred loyalty) or 1.8% incl. loyalty change.
- CEO credits loyalty relaunch and Appointment Dining offers for driving guest traffic.
- Positive comparable revenue momentum continued into first two weeks of January 2025.
- Final Q4 and full-year results to be released in February 2025.