Earnings Call Summary | Red Robin(RRGB.US) Q1 2024 Earnings Conference
Earnings Call Summary | Red Robin(RRGB.US) Q1 2024 Earnings Conference
Restaurant level operating profit was 11%, down 370 basis points from Q1 2023, with investments in labor and food quality impacting margins.The following is a summary of the Red Robin Gourmet Burgers, Inc. (RRGB) Q1 2024 Earnings Call Transcript:
以下是Red Robin Gourmet Burgers, Inc.（RRGB）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
In Q1 2024, Red Robin reported revenues of $388.5 million, a decrease of $29.3 million from Q1 2023.
Comparable restaurant revenue decreased by 6.5%, primarily due to the elimination of virtual brands and challenging industry conditions.
Restaurant level operating profit was 11%, down 370 basis points from Q1 2023, with investments in labor and food quality impacting margins.
Adjusted EBITDA was $12.2 million, influenced by strategic investments, top line headwinds, and increased selling costs.
2024年第一季度，Red Robin公佈的收入爲3.885億美元，比2023年第一季度減少了2930萬美元。
可比餐廳收入下降了6.5％，這主要是由於虛擬品牌的淘汰和艱難的行業條件。
餐廳層面的營業利潤爲11％，較2023年第一季度下降370個點子，對勞動力和食品質量的投資影響了利潤率。
受戰略投資、營收不利因素和銷售成本增加的影響，調整後的息稅折舊攤銷前利潤爲1,220萬美元。
Business Progress:
業務進展：
Red Robin continues to progress on its North Star Five-Point plan aimed at operational focus, enhancing guest experience, reducing costs, optimizing guest engagement, and driving growth.
Investments in operations include adding servers and kitchen managers, upgrading kitchen equipment, and introducing new gourmet burgers.
The company has launched a new marketing strategy and revamped its loyalty program to improve guest engagement and visit frequency.
Red Robin繼續推進其北極星五點計劃，該計劃旨在以運營爲重點，改善賓客體驗，降低成本，優化賓客參與度並推動增長。
運營投資包括增加服務器和廚房經理、升級廚房設備以及推出新的美味漢堡。
該公司推出了新的營銷策略，並修改了忠誠度計劃，以提高訪客參與度和訪問頻率。
Opportunities:
機會：
Red Robin focuses on enhancing guest experience and operational efficiency through its North Star Five-Point plan.
The revamped loyalty program and new marketing strategies are expected to drive traffic and improve customer retention.
Continued investments in operations and food quality are aimed at boosting competitiveness and customer satisfaction.
Red Robin專注於通過其北極星五點計劃增強賓客體驗和運營效率。
改版後的忠誠度計劃和新的營銷策略有望增加流量並提高客戶保留率。
對運營和食品質量的持續投資旨在提高競爭力和客戶滿意度。
Risks:
風險：
The elimination of virtual brands and challenging industry conditions pose risks to sales and revenue.
Investments in labor and food quality, while foundational for long-term growth, currently pressure profit margins.
虛擬品牌的淘汰和嚴峻的行業條件對銷售和收入構成風險。
對勞動力和食品質量的投資雖然是長期增長的基礎，但目前卻給利潤率帶來壓力。
More details: Red Robin IR
更多詳情： 紅羅賓紅外線
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。
