Red Robin Gourmet Burgers 1Q 2026: Revenue $378.26M, EPS ($0.12) — 10-Q Summary

Red Robin Gourmet Burgers reported first-quarter 2026 results with total revenues of $378.26M, a (3.6%) decline from $392.35M a year earlier, and a loss per diluted share of ($0.12) compared with earnings of $0.07 in the prior-year quarter.Financial HighlightsMetricCurrent quarterPrior year quarterYoY changeRevenue¹$378.26M$392.35M(3.6%)Net income²($2.18M)$1.25M(274.4%)Diluted EPS³($0.12)$0.07(271.4%)¹ Reported as “Total revenues”. ² Reported as “Net income (loss)”. ³ Reported as “Income (loss) per share”.Business HighlightsRevenue trend: Total revenues decreased 3.6% year over year to $378.3M, driven by a 3.8% decline in restaurant sales attributed to net closures and lower guest counts.Channel & mix: Company-operated sales remain the primary source (approximately 98% of revenue); franchise revenue rose about 9.9%, led by higher franchise marketing contributions.Brand momentum: Comparable restaurant revenue was modestly down 0.6% excluding loyalty; loyalty usage increased and average check rose roughly 1.0% despite a 1.6% decline in guest count.Operational efficiency: Restaurant-level operating profit margin improved to 14.8% driven by labor efficiencies, menu price benefits, and reduced G&A headcount.Network changes: The company closed a net 22 locations versus the prior year, ending the quarter with 379 company-owned and 90 franchised restaurants, focusing on underperforming sites.Original SEC Filing: RED ROBIN GOURMET BURGERS INC [ RRGB ] - 10-Q - May. 19, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.