Earnings ·
Red Robin Gourmet Burgers, Inc. reported fiscal second quarter results ending July 12, 2026, with total revenues of…
RRGBRed Robin Gourmet Burgers Inc
Red Robin Gourmet Burgers, Inc. reported fiscal second quarter results ending July 12, 2026, with total revenues of $277.6 million and net income of $0.4 million. Comparable restaurant revenue increased 1.3%, driven by a 1.5% rise in average guest check that offset a 0.2% decline in traffic. Restaurant-level operating profit margin improved to 14.7%. The company announced three refranchising agreements for the sale of 116 company-owned restaurants, expected to generate $96 million in gross proceeds during the third quarter. Red Robin reaffirmed its fiscal 2026 guidance, projecting comparable restaurant revenue growth of 0.5% to 1.5%, adjusted EBITDA between $70 million and $73 million, and capital expenditures of $25 million to $30 million. The company operates a casual dining restaurant chain specializing in gourmet burgers.