RED ROBIN GOURMET BURGERS INC
For the period ended Jul 14, 2024. Filed Aug 22, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 14, 2024 · Filed Aug 22, 2024
RRGB$8.47-0.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss
| Twelve Weeks Ended | Twenty-Eight Weeks Ended | |||
|---|---|---|---|---|
| (in thousands, except for per share amounts) | July 14, 2024 | July 9, 2023 | July 14, 2024 | July 9, 2023 |
| Revenues: | ||||
| Restaurant revenue | $294,457 | $293,281 | $673,025 | $700,174 |
| Franchise revenue | 4,287 | 3,544 | 9,628 | 8,826 |
| Other revenue | 1,410 | 1,823 | 6,042 | 7,460 |
| Total revenues | 300,154 | 298,648 | 688,695 | 716,460 |
| Costs and expenses: | ||||
| Restaurant operating costs (excluding depreciation and amortization shown separately below): | ||||
| Cost of sales | 69,444 | 71,372 | 159,653 | 171,042 |
| Labor | 113,908 | 109,678 | 262,866 | 255,100 |
| Other operating | 51,783 | 51,842 | 118,273 | 123,892 |
| Occupancy | 24,595 | 23,482 | 56,023 | 53,283 |
| Depreciation and amortization | 13,402 | 15,756 | 31,556 | 37,581 |
| Selling, general, and administrative expenses | 28,652 | 26,864 | 68,041 | 61,387 |
| Pre-opening costs | — | 4 | — | 586 |
| Other charges (gains), net | 2,931 | (10,607) | (1,045) | (848) |
| Total costs and expenses | 304,715 | 288,391 | 695,367 | 702,023 |
| Income (loss) from operations | (4,561) | 10,257 | (6,672) | 14,437 |
| Other expense: | ||||
| Interest expense | 5,107 | 6,483 | 12,587 | 14,252 |
| Interest income and other, net | (139) | (304) | (451) | (655) |
| Income (loss) before income taxes | (9,529) | 4,078 | (18,808) | 840 |
| Income tax provision (benefit) | (40) | 156 | 141 | 176 |
| Net income (loss) | $(9,489) | $3,922 | $(18,949) | $664 |
| Income (loss) per share: | ||||
| Basic | $(0.61) | $0.24 | $(1.21) | $0.04 |
| Diluted | $(0.61) | $0.24 | $(1.21) | $0.04 |
| Weighted average shares outstanding: | ||||
| Basic | 15,680 | 16,037 | 15,608 | 16,014 |
| Diluted | 15,680 | 16,291 | 15,608 | 16,367 |
| Other comprehensive income (loss): | ||||
| Foreign currency translation adjustment | $4 | $4 | $(14) | $11 |
| Other comprehensive income (loss), net of tax | 4 | 4 | (14) | 11 |
| Total comprehensive income (loss) | $(9,485) | $3,926 | $(18,963) | $675 |
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