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Red Robin

Financing

Bidder for Red Robin gives the board an ultimatum

 By Peter Romeo on Jun. 19, 2019

Vintage Capital said it will call a special meeting of shareholders unless the board acts within 10 days.

Financing

Investor offers to buy Red Robin

 By Peter Romeo on Jun. 13, 2019

Activist shareholder Vintage Capital says the chain should be auctioned off immediately, and it’s ready with a cash bid of $461.4 million.

Financing

Struggling Red Robin swallows a poison pill

By Jonathan Maze on Jun. 05, 2019

The casual-dining chain is girding itself for a battle with activist investor Vintage Capital, says RB’s The Bottom Line.

Topics

Red Robin closes stores as traffic continues to slide

By Peter Romeo on May 30, 2019

The casual chain’s comps slipped 3.3% on a 5.5% drop in transactions in Q1.

Top 500 Chains

Red Robin Gourmet Burgers and Brews

May 03, 2019

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

Financing

Red Robin’s lesson: Cut labor at your own risk

By Jonathan Maze on Apr. 04, 2019

Overreactions to profit challenges can sometimes cause more problems than they're worth, says RB’s The Bottom Line.

Leadership

Red Robin CEO Denny Marie Post retires

By Jonathan Maze on Apr. 03, 2019

Board Chair Pattye Moore will serve as the interim CEO as the company looks for a successor

Financing

Red Robin retains outside help for refranchising drive

By Peter Romeo on Mar. 22, 2019

The casual chain says The Cypress Group will assist in identifying what corporate markets should be sold to franchisees.

Operations

Red Robin airs a new comeback plan

By Peter Romeo on Feb. 28, 2019

After a rough end to 2018, the casual chain is tweaking its strategy to lure back guests, particularly for dine-in service.

Financing

Service pivot came too late to right Q4 sales, Red Robin says

By Peter Romeo on Feb. 27, 2019

The casual-dining operation lost $10.6 million on a 4.5% drop in comps, most of it from a traffic decline.

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