The casual-dining chain reported first-quarter revenue of $378.3M, exceeding expectations as liquidity stood at $40.8 million.
Red Robin Gourmet Burgers reported first-quarter non-GAAP earnings per share of $0.13 and revenue of $378.3M, surpassing estimates by $16.16M. Year-over-year revenue declined 3.6%, reflecting ongoing industry challenges.
The company’s prior-year revenue for the same period was not disclosed, but the beat suggests improved operational execution. Analysts had anticipated a softer print amid broader sector pressures.
As of April 19, 2026, Red Robin held $175.7 million in outstanding borrowings and $40.8 million in liquidity, including cash reserves.