Red Robin plans to close 15 restaurants in 2025
Share this @internewscast.com

Red Robin announced in March that it plans to close dozens of underperforming locations over the next several years.

ENGLEWOOD, Colo. — Red Robin, a popular national burger chain, has already shut down seven of its restaurants this year, with plans to close at least eight more by year’s end, as revealed during the company’s Q1 earnings call on Thursday, despite an increase in revenue.

Back in March, the chain disclosed its strategy to shut down several underperforming branches over the coming years, mainly as their lease agreements end. However, details regarding which locations will be impacted have not been released.

During the first quarter of 2025, Red Robin closed six of its company-operated outlets alongside one franchise location, according to their earnings report for that period.

There are now 401 company-owned locations and 90 franchise restaurants still open. 

Todd Wilson, Red Robin’s chief financial officer, said on the call the company expects to operate 393 company-owned restaurants by the end of the year. He did not comment on which locations are set to close, or any more planned closures of franchise locations. 

The chain did not open any new locations in the first quarter of 2025 or 2024, according to the earnings report. 

The company also surprised investors by reporting a first-quarter profit of $1.2 million, compared to a net loss of $9.5 million last year. Revenue was up 1% year-over-year, with the increase attributed to a 6.8% menu price increase that offset declining guest traffic. 

There are no more menu price increases expected for 2025, Wilson said. 

“We anticipate absorbing the current expected impact of tariffs as we prioritize maintaining value for our guests,” he said.

Red Robin named a new president and CEO, David A. Pace, in late April. 

“We are far from claiming victory and there is still more work to be done as we continue the comeback journey of Red Robin,” Pace said. 

Share this @internewscast.com
You May Also Like
Biological male killer housed in Oregon women's prison wins high-dollar legal settlement in sex abuse suit

Transgender Inmate Secures Significant Legal Settlement in Oregon Women’s Prison Abuse Case

A convicted murderer who transitioned from male to female while incarcerated has…
USF missing students: Body found on Howard Franklin bridge ID'd as Zamil Limon; Nahida Bristy still missing; roommate is charged

Tragic Discovery: Zamil Limon’s Body Found on Howard Franklin Bridge While Search for Nahida Bristy Continues; Roommate Faces Charges

In Tampa, Florida, authorities have discovered the body of one of two…
California voter ID initiative heads to November ballot

California’s Voter ID Proposal Set for Decision in November Election

A proposed measure aiming to strengthen voter identification and citizenship verification for…
NYC teen near $100K goal to bring free swim lessons to hundreds of New York kids: 'Life-saving skill'

New York Teen Approaches $100K Target to Provide Free Swimming Lessons to Hundreds of Local Children, Highlighting a ‘Life-Saving Skill

A young swimming enthusiast is making a significant splash in the city.…
Rare moment caught on camera as three tornadoes touch down in California

Unprecedented Capture: Trio of Tornadoes Simultaneously Touch Down in California

On Tuesday, California’s Central Valley experienced a rare surge of tornado activity,…
Semitruck driver in deadly interstate crash fraudulently obtained license, citizenship: Officials

Tragic Interstate Crash Unveils Fraudulent License and Citizenship Claims of Semitruck Driver

A tragic interstate collision that claimed the lives of a young family…
'Hero' father drowns saving his 12-year-old son from rip current at popular beach destination, family says

Brave Father Sacrifices Life to Rescue Son from Dangerous Rip Current at Beloved Beach

In a heart-wrenching tragedy at Cocoa Beach, Jason DeGray lost his life…
Man confesses to dismembering father, stuffing remains in suitcases as DNA finally solves cold case: police

DNA Breakthrough Solves Decades-Old Cold Case: Man Admits to Dismembering Father and Hiding Remains in Suitcases

Recent advancements in DNA technology have shed light on a decades-old mystery…
Pete Hegseth warns Iran laying mines violates cease-fire, won't deny report it could take six months to clear the Strait of Hormuz

Iran’s Mine Threat: Pete Hegseth on Potential Six-Month Strait of Hormuz Crisis

On Friday, Secretary of War Pete Hegseth addressed concerns about Iran potentially…
Curses, Foiled Again: The FBI Thwarts a Potential Terror Plot Directed at a Texas Synagogue

FBI Successfully Intercepts Planned Terror Attack on Texas Synagogue

On Thursday, FBI Director Kash Patel revealed the collaborative efforts of the…
Prosecutors seek 30-year prison term for South Korea's Yoon for drone flights over Pyongyang

Prosecutors Request 30-Year Sentence for South Korea’s Yoon Over Drone Operations in Pyongyang

On Friday, South Korean prosecutors called for a 30-year prison sentence for…
ICE nabs illegal aliens convicted of child sex crimes and meth trafficking in nationwide enforcement sweep

ICE Cracks Down: Nationwide Sweep Captures Convicted Child Predators and Meth Traffickers

In a concerted effort aligning with National Crime Victims Week, U.S. Immigration…