NASDAQ$RRGB
Red Robin Gourmet Burgers Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported financial results for the quarter ended October 3, 2021.
Red Robin Gourmet Burgers, Inc. reported a restaurant revenue of $270.2 million and a Restaurant Level Operating Profit as a percentage of restaurant revenue of 12.5% for the third quarter of 2021. Comparable restaurant revenue increased 34.3% over the same period in 2020, and increased 0.6% compared to the same period in 2019.
- Restaurant revenue of $270.2 million and Restaurant Level Operating Profit as a percentage of restaurant revenue of 12.5%.
- Third quarter 2021 comparable restaurant revenue increased 34.3% over the same period in 2020, and increased 0.6% compared to the same period in 2019.
- Comparable restaurant revenue improving, up 4.0% for the first period of the fourth fiscal quarter compared to 2019, driven by strategic growth initiatives and improvements in staffing levels.
- Off-premises sales sustained at high levels, comprising $81.0 million of comparable restaurant revenue.
Headline financials
Revenue & EPS history
Red Robin · Revenue · Quarterly
$275M
Revenue by segment
Red Robin · $5.24M total across 1 segment · Q3 2021
- Franchise and other revenue$5.24M—100.0%
Forward guidance
The Company currently expects the following for full year 2021: Mid-single digit commodity and wage inflation. Selling, general and administrative costs between $120 and $130 million. Capital expenditures of $45 to $55 million.
Tailwinds
- Continued investment in maintaining our restaurants and systems capital.
- Donatos® expansion to approximately 120 restaurants, including approximately 40 restaurants in our fourth fiscal quarter.
- Digital guest and operational technology solutions.
- Off-premises execution enhancements.
Headwinds
- Mid-single digit commodity and wage inflation.
- Uncertainty caused by the on-going COVID-19 pandemic.
- Industry labor and supply chain challenges
- Inflationary pressures
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
+2.3%
Avg return
Earnings day
+4.1%
Avg return
5 days after
+1.8%
Avg return
30 days after
59%
39 / 66 earnings
Positive
+62.3%
Q1 2025
Best reaction
-31.3%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +17.7% | +18.4% | +62.1% | |
| Q4 2025 | +32.6% | +22.3% | -27.0% | |
| Q3 2025 | -6.2% | -10.9% | -14.0% | |
| Q2 2025 | +1.7% | +11.0% | +12.3% | |
| Q1 2025 | +62.3% | +107.7% | +75.7% | |
| Q4 2024 | +34.5% | +7.1% | -19.2% | |
| Q3 2024 | -14.5% | -17.3% | -8.1% | |
| Q2 2024 | -14.1% | -23.4% | -21.6% | |
| Q1 2024 | +13.0% | +21.3% | +10.7% | |
| Q4 2023 | -15.0% | -15.9% | -13.0% | |
| Q3 2023 | +14.8% | +15.5% | +15.2% | |
| Q2 2023 | -5.4% | -9.1% | -13.0% | |
| Q1 2023 | +4.9% | -2.4% | -8.0% | |
| Q4 2022 | +27.6% | +35.6% | +67.8% | |
| Q3 2022 | -15.1% | -12.0% | +4.3% | |
| Q2 2022 | -10.7% | -9.6% | -18.3% | |
| Q1 2022 | +34.6% | +23.0% | +6.6% | |
| Q4 2021 | +14.5% | +28.6% | +1.4% | |
| Q3 2021 | -4.3% | -6.6% | -21.0% | |
| Q2 2021 | -16.4% | -10.3% | -7.6% | |
| Q1 2021 | +0.5% | -0.9% | -7.2% | |
| Q4 2020 | +8.6% | +21.2% | +21.1% | |
| Q3 2020 | +11.9% | +43.3% | +71.7% | |
| Q2 2020 | -4.0% | -2.7% | +21.3% | |
| Q1 2020 | -31.3% | -24.4% | -49.6% | |
| Q4 2019 | -24.9% | -21.8% | -66.2% | |
| Q3 2019 | -12.9% | -17.0% | -15.4% | |
| Q2 2019 | +4.3% | +2.3% | +3.4% | |
| Q1 2019 | -15.9% | -12.8% | +0.5% | |
| Q4 2018 | -3.7% | +2.3% | -3.8% | |
| Q3 2018 | +7.3% | +6.4% | +0.9% | |
| Q2 2018 | +2.4% | +2.6% | +0.1% | |
| Q1 2018 | -21.9% | -20.9% | -13.9% | |
| Q4 2017 | +6.2% | +1.6% | +11.3% | |
| Q3 2017 | -28.8% | -29.9% | -24.4% | |
| Q2 2017 | +3.1% | +6.6% | +0.4% | |
| Q1 2017 | +20.5% | +23.1% | +8.4% | |
| Q4 2016 | +4.4% | -1.7% | +13.0% | |
| Q3 2016 | +5.6% | +7.5% | +13.6% | |
| Q2 2016 | +6.1% | +7.4% | +2.1% | |
| Q1 2016 | -22.3% | — | — | |
| Q4 2015 | +7.1% | — | — | |
| Q3 2015 | -13.9% | — | — | |
| Q2 2015 | -6.7% | — | — | |
| Q1 2015 | +19.3% | — | — | |
| Q4 2014 | +3.9% | — | — | |
| Q3 2014 | +20.4% | — | — | |
| Q2 2014 | -14.9% | — | — | |
| Q1 2014 | +12.5% | — | — | |
| Q4 2013 | -0.7% | — | — | |
| Q3 2013 | +7.9% | — | — | |
| Q2 2013 | +9.3% | — | — | |
| Q1 2013 | +4.5% | — | — | |
| Q4 2012 | +11.2% | — | — | |
| Q3 2012 | +21.5% | — | — | |
| Q2 2012 | +9.0% | — | — | |
| Q1 2011 | -14.8% | — | — | |
| Q1 2012 | -1.9% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q4 2009 | -1.2% | — | — | |
| Q3 2011 | +7.5% | — | — | |
| Q3 2010 | +7.5% | — | — | |
| Q2 2011 | +3.5% | — | — | |
| Q2 2010 | +3.5% | — | — | |
| Q4 2010 | +3.5% | — | — | |
| Q1 2010 | -14.6% | — | — |
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