Management FocusThe management team is focused on improving the customer experience, which should drive increased traffic.
Market ShareThe company is regaining market share from its competitors with strength in the enhanced Red Robin Royalty program, with 10% growth in new rewards members in the quarter on a year-over-year basis.
Turnaround StrategyThe company is in the early stages of a turnaround, reinvesting in labor, fine-tuning prices, improving the menu and ingredients, and driving customer frequency through its rewards program.