RED ROBIN GOURMET BURGERS INC
For the period ended Dec 29, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
RRGB$8.47-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except per share amounts)
| Year Ended | |||
|---|---|---|---|
| December 29, 2024 | December 31, 2023 | December 25, 2022 | |
| Revenues: | |||
| Restaurant revenue | $1,224,254 | $1,274,294 | $1,230,189 |
| Franchise revenue | 14,941 | 15,867 | 19,306 |
| Other revenue | 9,365 | 12,885 | 16,039 |
| Total revenues | 1,248,560 | 1,303,046 | 1,265,534 |
| Costs and expenses: | |||
| Restaurant operating costs (excluding depreciation and amortization shown separately below): | |||
| Cost of sales | 292,392 | 308,962 | 306,509 |
| Labor (includes $0, $475, and $958 of stock-based compensation) | 479,631 | 473,538 | 440,564 |
| Other operating | 216,242 | 224,999 | 224,704 |
| Occupancy | 103,359 | 102,761 | 98,868 |
| Depreciation and amortization | 57,729 | 66,190 | 76,245 |
| Selling, general, and administrative expenses (includes $6,940, $6,329, and $8,635 of stock-based compensation) | 118,440 | 124,130 | 136,612 |
| Pre-opening costs | — | 587 | 568 |
| Impairment and other charges (gains), net | 33,848 | (2,663) | 38,961 |
| Total costs and expenses | 1,301,641 | 1,298,504 | 1,323,031 |
| Income (loss) from operations | (53,081) | 4,542 | (57,497) |
| Other expense (income): | |||
| Interest expense | 25,277 | 26,560 | 20,643 |
| Interest (income) and other, net | (727) | (1,100) | (4) |
| Total other expenses, net | 24,550 | 25,460 | 20,639 |
| Loss before income taxes | (77,631) | (20,918) | (78,136) |
| Income tax expense (benefit) | (90) | 310 | 747 |
| Net loss | $(77,541) | $(21,228) | $(78,883) |
| Loss per share: | |||
| Basic | $(4.93) | $(1.34) | $(4.98) |
| Diluted | $(4.93) | $(1.34) | $(4.98) |
| Weighted average shares outstanding: | |||
| Basic | 15,736 | 15,835 | 15,840 |
| Diluted | 15,736 | 15,835 | 15,840 |
| Other comprehensive (loss) income: | |||
| Foreign currency translation adjustment | $(40) | $12 | $(35) |
| Other comprehensive (loss) income, net of tax | (40) | 12 | (35) |
| Total comprehensive loss | $(77,581) | $(21,216) | $(78,918) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.