James Pappas and Chris Martin, the Board's special investors, have resigned as the company completes a successful refinancing program. The Board of Directors will reduce to six members.
RRGB news
Latest 3 stories · newest Oct 27, 2026
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Two former directors resign following refinancing achievement
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Red Robin Enters New Credit Agreement
Red Robin International, Inc. has entered into a Credit Agreement dated as of October 2, 2026, with a syndicate of lenders including JPMorgan Chase Bank, N.A. and U.S. Bank National Association, establishing new terms for borrowings and related commitments.
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Red Robin Q1 2026 comp sales fell 0.6% but restaurant margins improved 50 bps
Red Robin reported first quarter 2026 results with comparable restaurant revenue declining 0.6% due to 1.6% traffic decrease, though offset partially by 1.0% higher average check and improved restaurant-level operating margins of 14.8%. Net income fell to a loss of $2.2 million from $1.2 million pro…
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