**Red Robin Announces More Restaurant Closures Despite Increased Revenue**

ENGLEWOOD, Colo. - Despite reporting a modest increase in revenue, national burger chain Red Robin is proceeding with closures of underperforming restaurants. As revealed in their Q1 earnings call on Thursday, the company has already closed seven locations in 2025, and an additional eight are expected to close by the year's end.

This move aligns with Red Robin's earlier announcement in March, where it stated its intention to close numerous underperforming establishments over the next few years, mainly when leases come up for renewal. Specific details regarding which locations will be shuttered haven't been disclosed.

The company's first-quarter report for 2025 indicated the closure of six company-owned sites and one franchise. After these closures, Red Robin now operates 401 company-owned restaurants and 90 franchise locations. Todd Wilson, the company's chief financial officer, mentioned that they expect to run 393 company-owned outlets by the end of 2025. Wilson did not provide details on which specific locations are set to close or if there any planned closures of franchise operations.

In a surprising twist for investors, Red Robin reported a first-quarter profit of $1.2 million, a significant turnaround from the net loss of $9.5 million a year prior. The revenue for the quarter saw a 1% year-over-year increase. This positive shift has been attributed to a 6.8% menu price increase which managed to offset a decline in customer traffic. No further price increases are projected for 2025, according to Wilson, who emphasized the company's commitment to maintaining value for guests despite potential tariff impacts.

The leadership team has also experienced recent changes, with David A. Pace taking over as the new president and CEO in late April. "We are far from claiming victory and there is still more work to be done as we continue the comeback journey of Red Robin," Pace commented, signaling a prospective period of strategic focus and adjustment for the chain.