Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Third Quarter Ended October 5, 2025
Financial Performance Overview: Red Robin reported total revenues of $265.1 million for Q3 2025, a decrease of $9.5 million from the previous year, with a net loss of $18.4 million, showing a slight improvement from a loss of $18.9 million in Q3 2024.
Year-to-Date Results: For the year-to-date period, total revenues were $941.2 million, down by $22.2 million, but the net loss improved significantly to $13.2 million from $37.8 million in the previous year.
Operational Improvements: The company noted an 81% increase in adjusted EBITDA to $7.6 million for Q3 2025, driven by improved labor efficiency and a successful promotional campaign, contributing to a 90-basis point improvement in restaurant-level operating profit margin.
Future Outlook: Red Robin anticipates a 3% decline in comparable restaurant sales for Q4 2025 but maintains its revenue guidance of approximately $1.2 billion for the fiscal year, with adjusted EBITDA expectations raised to at least $65 million.
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Red Robin Launches New Value Menu, Big YUMMM Deals Starting at $9.99
- New Menu Launch: Red Robin is set to introduce its Big YUMMM®Deals value menu on January 26, 2026, featuring over six delicious meal options starting at just $9.99, aimed at attracting budget-conscious diners and potentially increasing customer traffic and sales.
- Enhanced Drink Specials: The new menu also includes all-day drink specials, allowing guests to enjoy a $5 Coors Light® pint or an $8 House Margarita, which enhances the dining experience and boosts additional sales opportunities.
- Diverse Offerings: The menu expansion goes beyond burgers, introducing hand-breaded crispy chicken sandwiches and three protein-packed salmon entrées, catering to varied customer tastes and thereby enhancing brand appeal and market competitiveness.
- Improved Customer Experience: CEO Dave Pace emphasized that the new value menu allows diners to enjoy high quality and variety at reasonable prices, which is expected to significantly enhance customer loyalty and repeat visits.
Christopher Meyer Appointed Interim CFO of Red Robin Gourmet Burgers
New CFO Appointment: Red Robin Gourmet Burgers has appointed Christopher Meyer as interim chief financial officer, effective December 1, replacing Todd Wilson who will depart on December 12.
Contract Details: Meyer's interim CFO agreement with Red Robin, initiated on November 27, is set to expire on May 31, 2026, unless terminated or extended.
Previous Experience: Meyer previously held the position of CFO and executive vice president at Bloomin’ Brands until April 2024.
Stock Performance: Following the announcement, shares of Red Robin Gourmet Burgers have decreased by more than 2% at the market's opening on Monday.
