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Red Robin Reports Results for the Fiscal Fourth Quarter and Year Ended December 30, 2018

Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the quarter and year ended December 30, 2018.

Financial Highlights for the 12 Weeks Ended December 30, 2018 Compared to the 13 Weeks Ended December 31, 2017

  • GAAP loss per diluted share was $0.82 compared to earnings per diluted share of $0.68;
  • Adjusted earnings per diluted share were $0.43 compared to $0.78;
  • Total revenues were $306.8 million, a decrease of 10.8%, including the negative impact of $24.3 million from having one fewer week in 2018 compared to 2017;
  • Off-premise sales increased 23.2%, now comprising 10.6% of total food and beverage sales, including catering;
  • Comparable restaurant revenue decreased 4.5% (using constant currency rates); and ...

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