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Stock impact report

Popular burger chain reconsidering closing 70 locations [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
Red Robin reported $6 million in operating losses at the 70 underperforming locations in 2024, President and CEO G.J. Hart said in a 2025 earnings call to investors. That prompted the plan to close 70 locations over several years. But this year, Red Robin has become more optimistic after making changes. The company's second-quarter update noted improvements. “Building on this momentum, Red Robin delivered strong financial results in its third quarter of 2025, including beating expectations of comparable restaurant revenue, restaurant level profitability and traffic,” the company said in a Jan. 15 statement. “Red Robin expects to report results for fourth quarter and full year 2025 in its first quarter of 2026.” That means the chain may not close as many stores as predicted last year. The locations of the possible closures were not named. Alabama has already been hit by a Red Robin reduction. The Red Robin restaurant in Trussville on Pinnacle Square closed in September 202 Show less Read more
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