Red Robin Gourmet Burgers, Inc. · NASDAQ:RRGB
Red Robin Gourmet Burgers — Investor Presentation (April 2022)
24 slides from Red Robin Gourmet Burgers's investor presentation, Apr 20, 2022
Slide 1: Investor Presentation April 2022
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Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Forward-looking statements regarding the Company's future performance; expectations with respect to sales, PPA growth, and profit margins; our ability to mitigate the risks of supply chain disruptions; our ability to deliver an improved Guest experience and differentiate t
Slide 3: Average restaurant data and restaurant count
_ AVERAGE RESI a amet : restaurants as of 12/26/2021 8) Total Company -ovned restaurants 1) ferent een Conon en tin ee “LISTE! ila
Slide 4: National footprint with West Coast concentration
N HAS A IONAL FOOTPRINT, A WEST COAST ENTRATION . print on the \ acific Northwest ro WA, CO, A 5 5 with at least 5 Co 6 REVENUE IN TOP 10 MARKETS ($M) Tandoor dining capacity restrictions Inplace until June 15% $200.0 sigia Indoor dining capacity restrictions in place ‘until June 30; impacted in 202
Slide 5: Q4 2021 comparable restaurant revenue highlights
Comparable restaurant revenue in Q4 2021 increased 40.1% compared to 2020. Restaurants that were at or above 2019 staffing levels had comparable restaurant revenues of 49.3%, compared to 2020. Seventh consecutive quarter of sustained off-premises sales of more than double pre-pandemic levels, with o
Slide 6: Our Shareholder Value Proposition
OUR SHAREHOLDER VALUE PROPOSITION Successfully navigating the challenges of the COVID-19 Pandemic while emerging with an improved enterprise business model. STRONG + The Red Robin Guest is « robust, diverse, and multi-generational demographic. BRAND * Positioned well for future growth with core gues
Slide 7: Strategic Growth Initiatives
STRATEGIC GROWTH INITIATIVES
Slide 8: Red Robin Strategic Pillars
RED ROBIN STRATEGIC PILLARS TEAM MEMBERS Be the Employer of Choice in the Industry. GUESTS Create Relevant, Personalized and Memorable Guest Experiences. FOOD Deliver a Variety of Gourmet Burgers and Mainstream Favorites that Guests Love. _FOUNDATION Execute Profitable Growth Platforms. RGRobin
Slide 9: Team Member Value Proposition
TEAM MEMBER VALUE PROPOSITION Employer of Choice * Attract, grow and retain the best talent through a compelling employer brand, a fulfilling team-member experience and a high-performance culture. Future Benefits * Improved ability to attract or grow professional talent to support future business st
Slide 10: Red Robin Has a Compelling Guest Proposition
RED ROBIN HAS A COMPELLING GUEST PROPOSITION WHO WE ARE eecee + We believe nothing brings people together like burgers and fun around our tables. + Forus, that means delivering burgers and mainstream favorites in a casual, playful atmosphere. WHY WE EXIST eeeecccccvcccece * To create memorable momen
Slide 11: We Are Focused on Delivering Our Brand Promise
WE ARE FOCUSED ON DELIVERING OUR BRAND PROMISE SERVICE Leverage our Total Guest Experience ("TGX") hospitality program to deliver fun and playful service that is tailored to our Guests’ time and occasion. Restaurant technology enhancements have enabled us to implement a seamless and frictionless ‘ex
Slide 12: Menu Innovation and Product Quality
MENU INNOVATION AND PRODUCT QUALITY Delivers an improved Guest experience and differentiates the Brand. * Continued focus on product quality and meaningful menu innovation that is compelling to Guests and easy for operations teams to execute. + Innovation in limited time offerings (LTOs) leading wit
Slide 13: Digital Ecosystem
DIGITAL ECOSYSTEM An advanced digital strategy has created an integrated and seamless digital ecosystem for our Guests. TECHNOLOGY eececccccceccece Drives profitable sales growth by improving the digital Guest experience and leveraging technology across the consumer journey in-restaurant and off-pre
Slide 14: Loyalty Evolution
LOYALTY EVOLUTION Our robust loyalty program allows us to engage with our Guests through relevant and personalized content and offers. The Red Robin loyalty program drives incremental visits through targeted marketing to our loyalty members based on purchasing history. One of the largest loyalty pro
Slide 15: Digital Marketing
DIGITAL MARKETING Focused on driving consumers through the purchase funnel with higher conversion. * We will capitalize on digital media learnings from 2021 to target best-performing audiences with the best-performing tactics, driving awareness, consideration and conversion. * Support key business i
Slide 16: Paced New Unit Growth
PACED NRO GROWTH Developing a real estate pipeline for resuming new unit growth. In Q4 2021, we opened a high-volume restaurant that utilizes a new prototype configuration with design enhancements that improve dine-in and off-premises, plus an optimized kitchen layout. * Through Period 2, achieved a
Slide 17: Continuing the Rollout of Donatos
CONTINUING THE ROLLOUT OF DONATOS® A win for Guests, Team Members and shareholders. Guest: Fulfills a need and is brand appropriate * Strengthens brand positioning * High satisfaction with quality pizza + Enhances overall menu appeal and value perception * Drives check and incremental visits among c
Slide 18: Off-Premises and Restaurant Refreshes
OFF-PREMISES AND RESTAURANT REFRESHES Continued off-premises strength through operations and technology improvements, leveraging our three virtual brands and growing catering business as people return to office environments. OFF-PREMISES SALES Successfully maintaining high level of off premises sale
Slide 19: Improving Business Model and Restaurant Economics
IMPROVING BUSINESS MODEL AND RESTAURANT ECONOMICS With the onset of the pandemic, we structurally improved restaurant and enterprise level margin for the long-term once sales and inflation normalize. + Implemented more efficient management labor structure, reduced menu and renegotiated leases + Perm
Slide 20: We Have a Balanced Capital Allocation Strategy
WE HAVE A BALANCED CAPITAL ALLOCATION STRATEGY Implemented Donatos’ pizza in approximately 120 restaurants in 2021, with 41 in Q2 and approximately 80 in Q3 and Q4. Investing in digital guest and operational technology solutions and off-premises execution. Reinvesting in our restaurants and infrastr
Slide 21: Experienced Management Team and Highly Engaged Board
EXPERIENCED MANAGEMENT TEAM AND HIGHLY ENGAGED BOARD
Slide 22: Highly Experienced Leadership Team
HIGHLY EXPERIENCED LEADERSHIP TEAM COMMITTED TO DELIVERING SUCCESS ” ¢} \ fd G eb PAUL MURPHY III President, Cl Officer and Director + Restaurant executive with more than 20 years of ‘experience in operational ‘and executive leadership in the restaurant industry. LYNN SCHWEINFURTH . ee Executive Exe
Slide 23: Experienced Board Leadership Providing Effective Oversight of Strategy
€ DAVE PACE ‘Chairman of the: sosed cad Distt since 2019 PAUL MURPHY Director since 2019 + President and Chief Executive + Co-Chief Executive Officer, Officer, Red Robin Tastemaker Acquisition Corporation + Committee Assignments: (C), CC KALEN HOLMES Director since 2016 Former Executive Vice Preside
Slide 24: We Are Highly Confident in Our Future
WE ARE HIGHLY CONFIDENT IN OUR FUTURE * Structurally improved business model for future growth as a result of the pandemic. * Embedded new service model (TGX), improved management labor model and rationalized menu, resulting in improved operational execution and high Guest satisfaction scores. * Con
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