Red Robin gets a hold rating for my initial coverage. Positives are a market turnaround since spring, showing momentum again, as well as what appears like a turnaround strategy dependent on asset sales and new efficiencies. Challenges include profit margins underperforming key peers, operating cash flow vs. debt expense, negative equity, and a more challenging fast food environment.
RRGB's 116-store refranchising could cut debt and expand franchise revenues, but G&A resizing and franchise execution may shape its earnings profile.
Red Robin's 23.7% weekly surge puts its turnaround to the test as traffic steadies, margins improve and higher marketing costs weigh on EBITDA.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 182,193 | $1.46M | $1.54M | $85,632.79 | 5.88% |
Taro Kuriyama Axq Capita LLP | 15,623 | $45,775.31 | $122,484.32 | $76,709.01 | 167.58% |
Drew Phillips Fortitude Family Office LLC | 906 | $5,246 | $7,601.34 | $2,355.34 | 44.9% |
Hui Fai Tam Caitong International Asset Management Co. Ltd. | 15 | $43.97 | $126.9 | $82.93 | 188.61% |
Christopher C. Powers Farther Finance Advisors, LLC | 33 | $101 | $258.72 | $157.72 | 156.16% |
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | David A. Pace CEO | NASDAQ (NGS) Exchange | 75689M101 CUSIP |
| US Country | 18,852 Employees | - Last Dividend | - Last Split | 19 Jul 2002 IPO Date |
Red Robin Gourmet Burgers, Inc., along with its subsidiaries, plays a significant role in the North American food industry by developing, operating, and franchising casual-dining restaurants. The brand has extended its presence beyond the United States to include a location in one Canadian province, indicating a footprint of international recognition. Founded in 1969 and rooted in Greenwood Village, Colorado, Red Robin has established itself as a go-to destination for a variety of dining experiences, emphasizing a laid-back atmosphere coupled with a rich menu that caters to a wide range of tastes and preferences. The company's longstanding history and strategic expansion efforts highlight its success in creating a beloved dining chain that offers more than just burgers, embracing a full spectrum of casual dining essentials.
The core of Red Robin's menu revolves around its gourmet burgers and artisan pizzas, showcasing a commitment to offering classic American comfort foods with a gourmet twist. Each burger and pizza is crafted with high-quality ingredients, inviting diners to enjoy a heightened version of these beloved dishes.
A diverse array of appetizers sets the stage for a fulfilling meal, while salads and soups offer lighter, yet equally flavorful, options for guests looking for a more health-conscious selection. These offerings are designed to cater to a wide range of dietary preferences and introduce diners to a variety of taste profiles.
Extending beyond its signature items, Red Robin also features a variety of other entrees, including a selection of meat, seafood, and vegetarian options, ensuring that there is something for everyone. The meal experience is rounded off with a decadent dessert menu, featuring classic and innovative sweets that leave a lasting impression.
Wings and milkshakes stand out as fan favorites, with the former offering a perfect blend of spice and flavor and the latter providing a creamy, indulgent treat. The restaurant's specialty drinks, both alcoholic and non-alcoholic, including cocktails, wine, and beers, are carefully curated to complement the dining experience, making every meal at Red Robin a celebration.