From Nation's Restaurant News · · 1m
Red Robin sales up 3.9% year over year
Red Robin's same-store sales rise to best since 2023 after value meals boost.
In brief
Red Robin's same-store sales rise to best since 2023 after value meals boost. Red Robin reported 3.9% same-store sales growth year over year in Q3 2026, its best since Q1 2023, driven by Big Yummm value meals. Originally reported by Nation's Restaurant News.
Red Robin sales growth
Red Robin reported 3.9% same-store sales growth year over year in Q3 2026, its best since Q1 2023.
Value meals drive sales
Big Yummm value meals with entree, bottomless fries, and drink starting at $9.99 boost customer entry point.
Turnaround plan
First Choice turnaround plan launched July 2026 focuses on restaurant performance and financial improvements.
Traffic and check size
Traffic declined 1.7% while average check size increased 5.6% in Q3 2026.
Earnings delay
Red Robin pushes full earnings release to Nov 18 after financial activity in Q3 2026.
Financial activity
Company closed three deals to refranchise 108 restaurants and refinanced credit facility.
Stock impact
Red Robin stock down 2.5% on Tuesday after earnings delay announcement.
The short version
Red Robin reported 3.9% same-store sales growth year over year in Q3 2026, its best since Q1 2023, driven by Big Yummm value meals.
