Aug. 14 at 1:05 PM
$RRGB there were a couple positives. But this is all bad. Total revenues for the second quarter decreased to
$283.7 million from
$300.2 million in the same quarter of fiscal 2024.
Comparable restaurant revenue decreased by 3.2%, with a 5.5% decline in guest traffic.
Guest traffic trends decelerated due to increased competitive promotional activity and reduced selling expenses.
The company expects a 3% to 4% decline in comparable restaurant sales for the remainder of 2025.
Higher commodity costs, particularly in ground beef and poultry, are expected to impact profitability in the second half of the year.
