Filing Flows › Red Robin Gourmet Burgers (RRGB) › Q4 2024
Red Robin Gourmet Burgers (RRGB) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 26, 2025
Red Robin Gourmet Burgers (RRGB) reported revenue of $285M for the fourth quarter 2024 (Q4 2024), -8% from a year earlier and +4% from the quarter before. Operating margin was -11.8%, net loss $39.7M (13.9% of revenue).
Red Robin Gourmet Burgers, Q4 2024: revenue $285M (-8% year over year), operating margin -11.8%, net loss $39.7M, operating cash flow $5.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $285M | +4% | -8% |
| Operating profit | −$33.5M | — | — |
| Net earnings | −$39.7M | — | — |
| Operating cash flow | $5.2M | — | — |
What changed
Revenue was $285.2M in Q4 2024, down 8% year over year and up 4% from the previous quarter. Restaurant revenue was the largest line at 98% of revenue.
Operating costs exceeded revenue by $33.5M, an operating margin of -11.8%. Total costs grew 1% against a revenue fall of 8%. The quarter ended with a net loss of $39.7M, wider than the previous quarter's $18.9M loss.
Operating cash flow was $5.2M. Non-cash charges added back $12.8M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $30.3M. Capital expenditures of $6.6M exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Red Robin Gourmet Burgers' revenue in the fourth quarter 2024?
Red Robin Gourmet Burgers (RRGB) reported revenue of $285M for the fourth quarter 2024 (Q4 2024), -8% from a year earlier and +4% from the quarter before.
Was Red Robin Gourmet Burgers profitable in the fourth quarter 2024?
Operating loss was $33.5M (-11.8% of revenue) and net loss $39.7M.