Red Robin Gourmet Burgers, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $121.5M
- Price
- $6.57
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.45%
- Volume
- 202.4K
Quote data as of 7:07 AM ET
About
Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises full-service and casual-dining restaurants. The company's restaurants primarily offer burgers and shareable pizzas; various appetizers, salads, soups, sandwiches, seafood, and other entrees; and desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers. As of December 26, 2021, it operated approximately 531 Red Robin restaurants, including 430 were company-owned and 101 were operated by franchisees in the United States and one Canadian province. Red Robin Gourmet Burgers, Inc. was founded in 1969 and is based in Greenwood Village, Colorado.
Quick stats
Shares outstanding18.5M
Computed float17.0M
Float sourceUnknown
Cash runway (months)Unknown
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
Key info
SectorConsumer Cyclical
IndustryRestaurants
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001171759
Websitehttps://www.redrobin.com
AI Summary
AI-generated24d agomajorbullishrestructuringRED ROBIN GOURMET BURGERS, INC. ANNOUNCES TWO ADDITIONAL REFRANCHISING AGREEMENTS
Red Robin announced two additional refranchising agreements to sell 86 company-owned restaurants for $72.5 million.
Op Burgers, LLC will acquire 69 units in the Midwest and Southeast for $62.5 million, while Kuber entities will acquire 17 units in the Pacific Northwest for $10 million.
These deals bring the total refranchising value to approximately $96 million when combined with a prior Evergreen Dining deal, with proceeds intended to pay down debt and support the company's 'First Choice Plan' turnaround strategy.
Red flags
- Transactions subject to customary due diligence and closing conditions; closing expected in H2 2026
- Company expects to update guidance following close, implying current guidance may not reflect post-transaction economics
- Significant reduction in company-owned footprint may impact top-line revenue recognition (shift to franchise fees)