earnings
confidence high
sentiment negative
materiality 0.85
Red Robin Q4 net loss $39.7M on $285.2M revenue; guides FY2025 EBITDA $60-65M
RED ROBIN GOURMET BURGERS INC
2024-FY EPS reported
-$4.93
revenue$1,248,560,000
- Q4 comparable restaurant revenue up 3.4% (excl. deferred loyalty change); 12-week vs 13-week period.
- Full-year net loss $77.5M (diluted EPS -$4.93); adjusted EBITDA down 43.7% to $38.8M.
- Evaluating ~70 underperforming restaurants for possible closure; recognized $32.4M in impairment/closure costs.
- Expects to sell 3 owned properties for $5.8M in Q1 2025 to repay debt.
- FY2025 guidance: revenue $1.225-1.250B, restaurant-level operating profit 12-13%, capex $25-30M.