|Exchange:||NASDAQ national market|
|Stock:||Red Robin Gourmet Burgers, Inc.|
|Red Robin Gourmet Burgers, Inc., a Delaware corporation. The Company together with its subsidiaries, is a casual dining restaurant chain focused on serving an imaginative selection of gourmet burgers in a fun environment welcoming to guests of all ages. The Company opened the first Red Robin® restaurant in Seattle, Washington in September 1969 and opened the first Red Robin’s Burger Works® in Denver, Colorado in November 2011. The Company’s system included 495 restaurants, of which 361 were Company-owned, and 134 were operated under franchise agreements with 18 franchisees. It has 42 states and two Canadian provinces. They offers a wide selection of buns—including ciabatta, gluten free, sesame, onion and whole grain buns, and jalapeno rolls—with a wide variety of toppings—including fresh guacamole, barbeque sauce, grilled pineapple, crispy onion straws, sauteed mushrooms, fried jalapenos, bruschetta salsa, coleslaw and dill pickle slices, eight different cheeses, and a fried egg. The management team of each restaurant is responsible for the day-to-day operation of that restaurant, including hiring, training, and developing of team members, as well as operating results. Its two largest franchisees own 21 restaurants located in Michigan and Ohio and 20 restaurants in eastern Pennsylvania, respectively. They build brand equity and awareness primarily through national marketing, including national television, digital, social media programs, email, loyalty and public relations initiatives. These programs are funded primarily through cooperative creative development and national media advertising funds. The Company compete against other segments of the restaurant industry, including quick-service and fast-casual restaurants. The number, size and strength of competitors vary by region, concept, market and even restaurant. It compete on the basis of taste, quality, price of food offered, guest service, ambiance, location, and overall dining experience. In particular, they face competition from concepts focused on the sale of hamburgers, including quick service and fast casual. The Company’s restaurants are subject to licensing and regulation by state and local health, safety, fire, and other authorities, including licensing requirements and regulations for the sale of alcoholic beverages and food.|
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