AI Earnings Predictions for Red Robin Gourmet Burgers Inc. (RRGB)

EX-99.1

2 exhibit991q2-2026.htm

EX-99.1

Document

Exhibit 99.1

RED ROBIN GOURMET BURGERS, INC. REPORTS SECOND QUARTER OF FISCAL 2026 RESULTS

Englewood, CO – August 12, 2026 – Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), a casual dining restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the fiscal second quarter ended July 12, 2026.

Chief Executive Officer Comments

“Our second quarter delivered meaningful operating and financial improvement as we continue our disciplined execution of our First Choice plan,” said Dave Pace, Red Robin's President and Chief Executive Officer. “Our restaurant teams remained focused on delivering exceptional hospitality and operational excellence, resulting in the strongest second quarter traffic and restaurant-level operating profit margins in three years.”

Mr. Pace continued, “During the quarter, we announced three refranchising agreements, representing a significant capital infusion of $96 million in gross proceeds, which provides us financial flexibility to refinance our debt and support our long-term strategic priorities.”

Second Quarter 2026 Financial Summary:

The following table presents financial results for the fiscal second quarter 2026, compared to results from the same period in 2025 ($ in millions except per share data):

Twelve Weeks EndedTwenty-Eight Weeks Ended

July 12, 2026July 13, 2025July 12, 2026July 13, 2025

Total revenues$277.6 $283.7 $655.9 $676.1

Restaurant revenues$272.6 $279.3 $643.7 $665.1

Comparable restaurant revenue(1) 1.3 %(1.3)%0.2 %1.3 %

Income (loss) from operations$6.2 $9.8 $11.7 $18.9

Income (loss) from operations as a percent of total revenues2.2 %3.5 %1.8 %2.8 %

Restaurant Level Operating Profit(2) $40.1 $40.5 $94.8 $95.5

Restaurant Level Operating Profit Margin(2) 14.7 %14.5 %14.7 %14.4 %

Net income (loss)$0.4 $4.0 $(1.8)$5.2

Adjusted EBITDA(2) $18.9 $22.4 $46.2 $50.3

Net income (loss) per share - diluted$0.02 $0.21 $(0.10)$0.28

Adjusted net income (loss) per share - diluted(2) $0.12 $0.26 $0.25 $0.46

(1)    Comparable restaurant revenue represents revenue from Company-owned restaurants that have operated for at least 18 months as of the beginning of the period presented, excluding the impact of deferred loyalty revenue.

(2)    See "Reconciliation of Non-GAAP Results to GAAP Results" for more details.

Second Quarter 2026 Commentary

•Comparable restaurant revenue increased 1.3%. This included a 0.2% decrease in guest traffic, and a 1.5% increase in average guest check, representing our best quarterly traffic results since the first quarter of 2023.

•Restaurant level operating profit margin of 14.7%, a 20 basis point improvement from the second quarter of 2025 and the highest second quarter margin since 2022. This improvement was primarily driven by higher average guest check and the benefits of efficiency initiatives offsetting the impact of inflation.

•Adjusted EBITDA of $18.9 million for the second quarter of 2026, driven by increased selling expenses supporting our Big Yummm value platform through our First Choice marketing strategy.

Balance Sheet and Liquidity

As of July 12, 2026, the Company had outstanding borrowings under its credit facility of $167.2 million and liquidity of approximately $47.8 million, including cash and cash equivalents and available borrowing capacity under its credit facility.

Refranchising Update

During the second quarter, the Company announced three separate refranchising agreements with experienced franchise operators for the sale of 116 company-owned restaurants, expected to generate $96.0 million of gross proceeds. The transactions are expected to close during the third quarter, subject to customary closing conditions, and represent continued execution of the Company's First Choice plan, strengthening the balance sheet, reducing debt, and supporting critical investments.

Outlook for Fiscal 2026 and Guidance Policy

The Company is reaffirming its previously issued fiscal 2026 guidance, presented below. This guidance does not contemplate any impacts from the announced refranchising transactions due to uncertainty with the timing of the completion of the transactions. The Company expects to update guidance upon completion of these transactions.

The projections are as of this date and the Company assumes no obligation to update or supplement this information.

•Comparable Restaurant Revenue growth, excluding deferred loyalty revenue, of 0.5% to 1.5%;

•Restaurant level operating profit of approximately 13.0%;

•Adjusted EBITDA of $70 million to $73 million;

•Capital expenditures of $25 million to $30 million.

Providing income (loss) from operations and net income (loss) guidance is potentially misleading and not practical given the difficulty of projecting event-driven transactional and other non-core operating items. As such, we do not present a r

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rrgb-202602250001171759FALSE00011717592026-02-252026-02-25

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 25, 2026

RED ROBIN GOURMET BURGERS, INC.

(Exact name of registrant as specified in its charter) Delaware 001-34851 84-1573084

(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

10000 E. Geddes Avenue, Suite 500 Englewood, Colorado 80112 (Address of principal executive offices)     (zip code)

(303) 846-6000 (Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, $0.001 par value RRGBNasdaq(Global Select Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.02     Results of Operations and Financial Condition On February 25, 2026, Red Robin Gourmet Burgers, Inc. issued a press release describing selected financial results for the fiscal fourth quarter and fiscal year ended December 28, 2025. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 2.02, including the information set forth in Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01 Financial Statements and Exhibits

(d)    Exhibits Exhibit No. Description

99.1 Red Robin Gourmet Burgers, Inc. Press Release dated February 25, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

RED ROBIN GOURMET BURGERS, INC.

Date: February 25, 2026

By:/s/ Christopher Meyer Name:Christopher Meyer Title:Interim Chief Financial Officer

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