Red Robin Q2 Net Income $0.4M; Comparable Sales +1.3%; $96M Refranchising

Red Robin Gourmet Burgers, Inc. reported fiscal second quarter 2026 financial results, with net income of $0.4 million, or $0.02 per diluted share, on total revenues of $277.6 million. The company achieved a 1.3% increase in comparable restaurant revenue and a restaurant-level operating profit margin of 14.7%, marking its strongest second quarter traffic and margins in three years. Additionally, Red Robin announced three refranchising agreements for 116 restaurants, expected to generate $96 million in gross proceeds to enhance financial flexibility and support strategic priorities. The company reaffirmed its fiscal 2026 guidance.