RED ROBIN GOURMET BURGERS INC
AI Executive Summary
AI-powered analysis of 10-Q filing content
Red Robin shows significant financial deterioration with negative stockholders' equity of $106.7M, net loss of $2.2M versus prior year profit of $1.2M, and declining revenues of $378M versus $392M. The company faces liquidity pressures with high lease obligations and debt levels exceeding equity position.
Red Flags Detected (7)
Negative stockholders' equity deficit of $106.7M indicating insolvency risk
Revenue decline of 3.6% year-over-year ($378M vs $392M)
Swing from $1.2M profit to $2.2M loss in 16-week period
4 more red flags detected
Key Takeaways
Company is technically insolvent with liabilities exceeding assets by $106M
Restaurant industry pressures evident in declining same-store performance
2 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.