Red Robin completes sale of 108 restaurants for approximately $89.4 million

Bitget2026/11/02 21:29

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Red Robin sold 108 company-owned restaurants in fiscal third-quarter 2026, generating approximately $89.4 million in cash proceeds, subject to customary adjustments.
Evergreen Dining acquired 30 restaurants; Op Burgers bought 61 locations.
Kuber Oregon and Kuber Washington acquired the remaining 17 restaurants.
Proceeds reduced outstanding debt and supported refinancing, expanding the franchise-operated restaurant base under the First Choice plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Robin Gourmet Burgers Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-068893), on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Red Robin completes sale of 108 restaurants for approximately $89.4 million

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