Red Robin was originally founded in 1969 under the name of Sam’s Tavern in Seattle, Washington. The owner was part of a barbershop quartet, whose favorite song happened to be “The Red Robin.” The name was later changed to Sam’s Red Robin. Gerry Kingen of Seattle purchased the restaurant and simply dropped “Sam’s” from the name.
Today, Red Robin has more than 500 locations across the U.S. The company is a casual dining chain which features a wide variety of hamburgers, salads, and sandwiches. Red Robin began franchising operations in 1980, with the first franchise located in Yakima, Washington.
Red Robin is now a part of the Snyder Group. The company went public in 2002 and is traded on the NASDAQ under the ticker symbol: RRGB. Red Robin had nearly $1 billion in revenue in 2014.
In mid-2018 the company announced that it would temporarily cease opening new restaurants for at least 18 months.
In 2022, the stock fell over 66 percent, leaving many to wonder if the stock can recover in 2023.
In May 2023, Red Robin missed first-quarter financial expectations, however, it is receiving renewed interest from investors.
Red Robin maintains a corporate office in North Greenwood Village, Colorado.
Red Robin was originally founded in 1969 under the name of Sam’s Tavern in Seattle, Washington. The owner was part of a barbershop quartet, whose favorite song happened to be “The Red Robin.” The name was later changed to Sam’s Red Robin. Gerry Kingen of Seattle purchased the restaurant and simply dropped “Sam’s” from the name.
Today, Red Robin has more than 500 locations across the U.S. The company is a casual dining chain which features a wide variety of hamburgers, salads, and sandwiches. Red Robin began franchising operations in 1980, with the first franchise located in Yakima, Washington.
History
Red Robin is now a part of the Snyder Group. The company went public in 2002 and is traded on the NASDAQ under the ticker symbol: RRGB. Red Robin had nearly $1 billion in revenue in 2014.
In mid-2018 the company announced that it would temporarily cease opening new restaurants for at least 18 months.
In 2022, the stock fell over 66 percent, leaving many to wonder if the stock can recover in 2023.
In May 2023, Red Robin missed first-quarter financial expectations, however, it is receiving renewed interest from investors.
Red Robin maintains a corporate office in North Greenwood Village, Colorado.