secwatch.observer — SEC 8-K summary
======================================

Issuer:     RED ROBIN GOURMET BURGERS INC (RRGB)
CIK:        0001171759
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001171759-25-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Robin Q4 net loss $39.7M on $285.2M revenue; guides FY2025 EBITDA $60-65M
-----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171759/000117175925000010/0001171759-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171759/000117175925000010/rrgb-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001171759-25-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer