RISE - Menu Monitor

Red Robin Gourmet Burgers hired Susan Lintonsmith as Senior Vice President and Chief Marketing Officer. Previously,
Lintonsmith served as Vice President and General Manager for WhiteWave Foods’ Horizon Organic brand. Lintonsmith will be
in charge of leading development and execution of the company’s brand and marketing strategies and activities as well as
managing the company’s internal marketing team and several outside agencies. (Prnewswire.com 4/23/07)
News & Other |
Red Robin Gourmet Burgers Inc. reported for the third quarter ended October 1 net earnings increased 4.7% to $7.9 million.
Revenues grew 30.1% to $148.6 million from $114.2 million. Same-store sales rose 0.8%. (Company Release 11/2/06)
Red Robin Gourmet Burgers reported for the fourth quarter ended December 31 net earnings increased 45.5% to $8.8 million
from $5.5 million for the same period last year. Revenues grew 40.6% to $163.8 million from $116.5 million. Same-store sales
rose 0.2%. For the year ended December 31 net earnings increased 7% to $29.4 million from $27.4 million for the same period
last year. Revenues rose 27.3% to $618.7 million from $486 million. Same-store sales grew 2.4%. (Company Release
2/22/07)
Red Robin Gourmet Burgers reported for the first quarter ended April 22 net earnings rose 1.4% to $7.4 million from $7.3
million for the same period last year. Revenues increased 24.5% to $212.3 million from $170.5 million. Same-store sales fell
0.5%. (Company Release 5/24/07)
Red Robin Gourmet Burgers Inc. agreed to settle pending lawsuits against the chain. The lawsuits, filed in 2005 after the
company’s stock price fell, claim that the company withheld adverse financial information. The proposed settlement in one
shareholder’s lawsuit is for $1.5 million and in another, the plaintiff’s counsel will receive $250,000. Both settlements are
covered by insurance and are expected to be complete later. (Bizjournals.com 5/24/07)
Red Robin Gourmet Burgers Inc. has acquired 15 of the 17 current franchised Red Robin units from franchisees Top Robin
Ventures and Morite of California. Funded by the company’s new $300 million amended credit facility, Red Robin Gourmet
Burgers Inc. purchased the units for approximately $41.9 million. (RTTNews.com 6/21/07)
Red Robin Gourmet Burgers was able to raise $3,207.50 for the Muscular Dystrophy Association at its store on Vann Drive in
Jackson, TN. The donation was on behalf of the Jackson Tennessee Fire Department. The chain donated 50¢ from every
burger sold during its “Burgers With A Heart” campaign. (Jacksonsun.com 7/19/07)
Red Robin Gourmet Burgers Inc. acquired the assets of one of the two remaining franchised restaurants owned by Top Robin
Ventures Inc. Red Robin also acquired and opened a new restaurant that was under construction at the time of the original
closing. The existing unit had been owned by Red Robin since the original closing under a management services agreement.
The other Top Robin restaurant continues to be managed by Red Robin Gourmet Burgers Inc. under a management services
agreement with Top Robin. Red Robin paid $3,327,500 for the existing unit and $1,275,976 for the new unit. (Company
Release 7/16/07)
Red Robin Gourmet Burgers reported for the second quarter ended July 15 net earnings declined 31.9% to $4.9 million from
$7.2 million for the same period last year. Revenues increased 31.5% to $178.6 million from $135.9 million. Same-store sales
grew 3.1%. (Company Release 8/16/07)
Red Robin Gourmet Burgers Inc. reported a 36.4% increase in profit for the third quarter ended October 7. The increase is due
to a 27% surge in revenue from higher check averages and stronger customer traffic. Same-store sales at corporate
restaurants rose 4.8%. (NRN Daily NewsFax 11/12/07)
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