Red Robin Gourmet Burgers Reports Quarterly Earnings Miss

The casual dining chain saw its stock decline after falling short of analyst expectations.

Published on Feb. 26, 2026

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Red Robin Gourmet Burgers (NASDAQ:RRGB), a leading casual dining restaurant company, reported its quarterly earnings results on Wednesday. The company posted earnings per share of ($0.41), missing analysts' consensus estimate of ($0.28) by $0.13. Shares of RRGB stock traded down $0.09 during the trading session, closing at $3.63.

Why it matters

Red Robin's earnings miss highlights the ongoing challenges facing the casual dining industry, which has been impacted by factors like rising costs, increased competition, and changing consumer preferences. The company's performance will be closely watched as an indicator of broader trends in the restaurant sector.

The details

In its quarterly report, Red Robin cited a number of factors that contributed to the earnings shortfall, including higher labor and commodity costs. The company operates over 500 locations across the United States, specializing in gourmet burgers, fries, and other American fare. Despite the earnings miss, some analysts remain bullish on Red Robin's long-term prospects, citing the brand's loyal customer base and efforts to enhance the guest experience through technology and loyalty programs.

  • Red Robin Gourmet Burgers reported its quarterly earnings on Wednesday, February 26, 2026.
  • The company's stock closed at $3.63 on the day of the earnings release, down $0.09 from the previous trading session.

The players

Red Robin Gourmet Burgers, Inc.

A leading casual dining restaurant company headquartered in Greenwood Village, Colorado, specializing in gourmet burgers, fries, and other American fare.

Benchmark

An equity research firm that reiterated a 'buy' rating on shares of Red Robin Gourmet Burgers.

Jefferies Financial Group

An investment bank that upgraded shares of Red Robin Gourmet Burgers from a 'hold' rating to a 'buy' rating and set a $7.00 target price.

Zacks Research

An equity research firm that lowered its rating on shares of Red Robin Gourmet Burgers from 'strong-buy' to 'hold'.

Weiss Ratings

A financial research firm that maintained a 'sell (d-)' rating on shares of Red Robin Gourmet Burgers.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Red Robin's earnings miss underscores the ongoing challenges facing the casual dining industry, as the company grapples with rising costs and increased competition. However, the brand's loyal customer base and efforts to enhance the guest experience through technology and loyalty programs suggest it may be able to weather the storm and return to profitability in the long run.