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Red Robin Gourmet Burgers Inc (RRGB) Q3 2024 Earnings Call Highlights: Navigating Challenges ... [Yahoo! Finance]

Red Robin Gourmet Burgers, Inc. (RRGB) 
Last red robin gourmet burgers, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.redrobin.com
Company Research Source: Yahoo! Finance
Restaurant Level Operating Profit: 9% of restaurant revenue, a decrease of 210 basis points from Q3 2023. Adjusted EBITDA: $2.1 million, a decline of $4.7 million from Q3 2023. Cash and Cash Equivalents: $22 million at the end of the third quarter. Outstanding Principal Balance: $187.9 million under the credit agreement. Guidance for 2024: Total revenue of approximately $1.25 billion and adjusted EBITDA of $35 million to $37.5 million. Capital Expenditures: Expected to be approximately $25 million for 2024. Store Closures: Closure of nine restaurants over the past year. Warning! GuruFocus has detected 3 Warning Signs with RRGB. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Red Robin Gourmet Burgers Inc ( NASDAQ:RRGB ) reported a comparable restaurant revenue increase of 0.6%, exceeding the industry average. The company's Loyalty 2.0 program has been successful, with a significa Show less Read more
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