For decades, Red Robin has been a brand of fun. Their legacy of fun and tasty food began in 1969, directly adjacent to the University Bridge in Seattle. I regularly went to Red Robin after a game. Not many years ago, I would unwind with my family after work and take the kids there for dinner on a Friday.
Red Robin was the place to meet your best friend and catch up on life.
The recent worldwide pandemic changed how Western society viewed sit-down restaurants. We don’t go out to eat as often anymore. Red Robin has felt the pinch.
How many Red Robin Locations are there?
There are approximately 500 Red Robin restaurants in 39 states, as well as one location in Vancouver, British Columbia.
How bad has it been for Red Robin?
In 2024, Red Robin reported a net loss of $77.5 million. In 2023, the once-loved burger joint lost $21.2 million. However, amidst this cloud of bad news, there is a silver lining if you know where to look.
Red Robin has seen signs of life.
There is some excellent news in a recent Finance Buzz article:…