Business Context and Reporting Period
Company: Red Robin Gourmet Burgers, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 16, 2017
Reporting Period: Fourth fiscal quarter and fiscal year ended December 25, 2016.
Key Financial Metrics
This filing serves as a notification of results rather than a detailed financial statement. Specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity are not contained within the text of this Form 8-K. The filing references a press release (Exhibit 99.1) and supplemental financial information (Exhibit 99.2) for these details, which are incorporated by reference but not reproduced in this document.
Material Changes
Executive Leadership Changes:
- Appointment: Guy Constant was designated as the Company's Principal Accounting Officer, effective March 1, 2017. He continues to serve as Executive Vice President and Chief Financial Officer.
- Role Transition: Terry Harryman, who served as Chief Accounting Officer and Controller since October 2012, was appointed Vice President, Finance, Planning and Investor Relations. He will cease performing duties as Principal Accounting Officer effective March 1, 2017.
Guidance, Outlook, and Risks
Management Commentary: The filing notes that a press release describing selected financial results was issued on February 21, 2017. An investor conference call and webcast were scheduled to discuss these results using the supplemental information provided in Exhibit 99.2.
Legal Disclaimer: The information in Item 2.02 and the attached exhibits is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section, nor is it incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated February 21, 2017) for specific revenue, earnings, and margin figures for Q4 and FY 2016.
- Examine Exhibit 99.2 for supplemental financial data and guidance discussed during the investor conference call.
- Verify the effective date of the Principal Accounting Officer transition (March 1, 2017) for internal control reporting purposes.
- Confirm that the financial data in the press release is not considered "filed" under Section 18 of the Exchange Act per the disclaimer in Item 2.02.