Thu, May 29, 8:37 PM (18 days ago)
**Red Robin Gourmet Burgers, Inc. (RRGB) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $392.4 million, up 1.0% YoY. - **Net Income:** $1.2 million, a $10.7 million improvement from a net loss of $9.5 million in Q1 2024. - **Adjusted EBITDA:** $27.9 million, a 108.2% increase YoY. - **Comparable Restaurant Revenue:** Up 3.1% YoY, driven by a 6.6% increase in average guest check, partially offset by a 3.5% decrease in guest count. - **Profit Margins:** Improved operating margins, with income from operations at 2.3% of total revenues. **Cash Flow:** - **Operating Cash Flow:** $19.6 million, up $5.8 million YoY. - **Investing Cash Flow:** $(6.4) million, a $21.5 million decrease YoY due to increased capital expenditures. - **Financing Cash Flow:** $(19.3) million, a $2.6 million decrease YoY, primarily due to debt repayment. **Earnings Changes & Trends:** - **Earnings per Share (EPS):** Basic EPS of $0.07, a $0.68 improvement from a loss of $0.61 in Q1 2024. - **Trends:** Positive trends in restaurant revenue, operating margins, and cash flow, driven by menu price increases and cost management efforts. **Uncertainties & Future Operations:** - **Macroeconomic Conditions:** Monitoring inflationary pressures and trade policies. - **Seasonality:** Business subject to seasonal fluctuations, with higher sales typically in spring, summer, and winter holidays. - **Debt:** Compliance with debt covenants and managing interest rate risk. **Impact on Future Operations:** - **Capital Expenditures:** Increased capital expenditures for restaurant improvements and technology. - **Debt Repayment:** Continued debt repayment and management of credit facility. - **Share Repurchase:** $58.5 million availability under the current share repurchase program. **Conclusion:** Red Robin Gourmet Burgers, Inc. (RRGB) showed significant improvement in Q1 2025, with increased revenue, improved profit margins, and positive cash flow trends. The company is focused on managing costs, investing in capital expenditures, and navigating macroeconomic uncertainties.