Risks for RED ROBIN GOURMET BURGERS INC (RRGB)

An investment in our common stock involves a high degree of risk. You should carefully read and consider the risks described below before making an investment decision. The occurrence of any of the following risks could materially harm our business, financial condition, results of operations, or cash flows. The trading price or value of our common stock could decline, and you could lose all or part of your investment. When making an investment decision with respect to our common stock, you should also refer to the other information contained or incorporated by reference in this Annual Report on Form 10-K, including our consolidated financial statements and the related notes.

Our business strategy may not be successful or achieve the desired results, which may have an adverse impact on our business and financial results.

Our success depends on our ability to effectively compete in the restaurant industry to attract and retain guests.

Our marketing and branding strategies to attract, engage, and retain our guests may not be successful, which could negatively affect our business.

A privacy or security breach involving our information technology systems or the failure of our data security measures could interrupt our business, damage our reputation, and negatively affect our operations and profits.