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Red Robin Gourmet ( (RRGB) ) has shared an update.
On April 24, 2025, Red Robin Gourmet Burgers, Inc. announced a leadership transition with David A. Pace appointed as the new President and CEO, succeeding G.J. Hart. Mr. Hart, who has been instrumental in transforming Red Robin into an operations-focused restaurant company, will remain as a senior advisor until September 2025. The transition aims to continue the company’s growth and improve its financial performance, with Mr. Pace bringing extensive industry experience to lead the next phase of transformation. The company also expects a positive financial outlook for the first quarter of 2025, with anticipated increases in comparable restaurant sales and adjusted EBITDA.
Spark’s Take on RRGB Stock
According to Spark, TipRanks’ AI Analyst, RRGB is a Neutral.
Red Robin Gourmet is navigating significant financial challenges with declining revenues and negative equity, contributing to a low overall score. While there are some positive trends in operating metrics and customer satisfaction, the technical indicators and valuation concerns weigh heavily on the stock’s outlook. The company’s efforts to improve profitability and streamline operations through restaurant closures and enhanced customer programs offer some hope, but the road to recovery remains uncertain.
To see Spark’s full report on RRGB stock, click here.
More about Red Robin Gourmet
Red Robin Gourmet Burgers, Inc. is a casual dining restaurant chain founded in 1969, operating through its subsidiary Red Robin International, Inc. Known for its gourmet burgers and a playful dining atmosphere, the company offers a variety of food items including salads, appetizers, entrees, desserts, and beverages. With nearly 500 locations in the United States and Canada, Red Robin also provides online ordering for to-go, delivery, and catering services.
YTD Price Performance: -52.73%
Average Trading Volume: 359,650
Technical Sentiment Signal: Buy
Current Market Cap: $47.51M
Find detailed analytics on RRGB stock on TipRanks’ Stock Analysis page.