RRGB · Red Robin Gourmet Burgers, Inc.

Red Robin's first quarter results showed a decline in total revenue driven by a 0.6% drop in comparable restaurant revenue, as guest traffic fell 1.6% but average check increased 1.0%. Restaurant level operating profit margin improved 50 basis points to 14.8% due to higher average check and efficiency initiatives, partially offsetting traffic declines. Net loss was $2.2 million compared to net income of $1.2 million last year, while adjusted EPS was $0.13, down from $0.19. The company reaffirmed its full-year guidance, signaling confidence in its strategic plan despite near-term headwinds.