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Stock impact report

Red Robin to close 70 ‘underperforming' restaurants, WA locations' future unclear [Yahoo! Finance]

Red Robin Gourmet Burgers, Inc. (RRGB) 
Last red robin gourmet burgers, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.redrobin.com
Company Research Source: Yahoo! Finance
financially, 70 locations over the next five years will be shuttered, including 10 to 15 restaurants in 2025. “During the fourth quarter of fiscal 2024, the Company closed one restaurant location upon expiration of the lease and is evaluating alternatives for approximately 70 underperforming restaurant locations, including closure upon expiration of the current lease term,” the company shared in its fourth-quarter earnings release, according to The Tacoma News Tribune The chain has not publicly listed the specific locations in the official disclosures, as of this reporting. There are 31 Red Robin restaurants across Washington, including locations in Kent, Olympia, Seattle, Spokane, Tacoma, Vancouver, Wenatchee, and Yakima. While most Washington-based Red Robin locations are operating normally amid this restructuring, an HTTP 404 error page appears for the Everett location's hours of operation page. KIRO Newsradio confirmed there is no “CLOSED” sign posted. It is yet to be conf Show less Read more
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