By Kelly Cloonan
Red Robin Gourmet Burgers logged a narrower loss in the latest quarter as traffic picked up due to a new promotion.
The restaurant chain on Monday posted a loss of $18.4 million, or $1.03 a share, compared with a loss of $18.9 million, or $1.20 a share, a year earlier.
Adjusted loss per share was 70 cents. Analysts polled by FactSet expected an adjusted loss of 78 cents a share.
Revenue fell to $265.1 million from $274.6 million, topping the $256.7 million modeled by analysts.
Same-restaurant sales fell 1.2%, compared with the 3.5% decline analysts forecast.
Traffic improved from the second quarter, particularly during mid-week dining and lunch, driven by the company's Big YUMMM promotion, Chief Executive Dave Pace said. The deal, which started in July, includes a burger, bottomless drink and bottomless side for $9.99.
For the current quarter, the company expects same-restaurant sales will fall about 3%, compared to analyst estimates of a 4.5% decline.
The company backed its revenue guidance of about $1.2 billion for the full year.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 10, 2025 16:26 ET (21:26 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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