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Red Robin sells 30 restaurants to Evergreen Dining for $23.5 million cash

PUBT·05/28/2026 20:15:37
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Red Robin sells 30 restaurants to Evergreen Dining for $23.5 million cash
  • Red Robin agreed to sell 30 restaurants in Washington and western Idaho to franchisee Evergreen Dining for USD 23.5 million cash.
  • Proceeds earmarked mainly for debt reduction, supporting its “First Choice Plan” priorities.
  • Locations will keep operating under the Red Robin brand.
  • Closing targeted for the second half of 2026, subject to customary conditions.


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 PR Newswire (Ref. ID: 202605281605PR_NEWS_USPR_____LA70608) on May 28, 2026, and is solely responsible for the information contained therein.