---
title: "Red Robin reports best same-store sales since 2023"
url: https://burnaze.com/article/fcc94fe0-dd50-4ecb-a4b5-9760226e7f52
source: "Nation's Restaurant News"
original_url: https://www.nrn.com/casual-dining/red-robin-reports-best-same-store-sales-since-2023
author: "Joe Guszkowski"
category: "Casual dining"
industry: "Restaurants"
segment: "Casual dining"
topics: ["Development & multi-unit","Marketing","Finance & M&A"]
published: 2026-11-03T19:19:43.000Z
modified: 2026-11-04T00:01:57.079Z
image: https://eu-images.contentstack.com/v3/assets/bltea7aee2fca050a19/blt54cc93dcfb126830/67296bba4a8c54eb40187822/Red-Robin-Terminates-Guy-Constant-COO-chief-operating-officer_0.jpg?disable=upscale&width=1200&height=630&fit=crop
---

# Red Robin reports best same-store sales since 2023

**TL;DR:** Red Robin reports its best same-store sales since 2023, driven by its Big Yummm value meals and increased average check size.

*By Joe Guszkowski, originally published in Nation's Restaurant News on 2026-11-03. [Read the original](https://www.nrn.com/casual-dining/red-robin-reports-best-same-store-sales-since-2023).*

## Key facts

- Same‑store sales rose 3.9% YoY in Q3 2023, the best since Q1 2023.
- Traffic fell 1.7% while average check size grew 5.6%.
- Red Robin postponed its full earnings release to Nov. 18 after closing three refranchising deals and refinancing its credit facility.

## Story

Red Robin’s turnaround continues to pick up steam.

Preliminary same-store sales at the casual-dining chain rose 3.9% year over year in the third quarter ended Oct. 4. It was Red Robin’s best same-store sales result since the first quarter of 2023 and its second straight quarter of positive same-store sales.

Traffic declined 1.7% in the quarter, while average check size increased by 5.6%.

## Value meals boost sales

In a statement, CEO David Pace said Red Robin’s Big Yummm value meals helped drive sales last quarter by giving customers an “accessible entry point” to the brand. Big Yummm meals come with an entree, bottomless fries, and a drink starting at $9.99.

The value meals are a key part of the chain’s First Choice turnaround plan that began last July. The plan is focused on improving both Red Robin’s restaurant performance as well as its finances.

## Earnings release delayed

Englewood, Colorado-based Red Robin published the preliminary sales figures Tuesday, along with an announcement that it is pushing back its full earnings release to Nov. 18. It was previously scheduled to report earnings tomorrow.

## Financial activity and refinancing

The delay stems from a flurry of financial activity in the quarter, Red Robin said. The company closed three deals to refranchise 108 restaurants and also refinanced its credit facility. The company said it needs more time to complete its financial statements given the complexities associated with those transactions. It added that the rescheduling is not related to any significant changes in its financial condition or operating performance.

Red Robin stock was down about 2.5% on Tuesday afternoon.

## Entities

- Restaurants (sector)
- same store sales (topic)
- Red Robin (company)
- value meals (topic)
- sales (topic)

---
Originally reported by Joe Guszkowski, Nation's Restaurant News (https://www.nrn.com/casual-dining/red-robin-reports-best-same-store-sales-since-2023). Summarized by Burnaze (https://burnaze.com/article/fcc94fe0-dd50-4ecb-a4b5-9760226e7f52).