Red Robin started as a tavern near the University of Washington in the 1940’s. It was called Sam’s Tavern. Sam sang in a barber shop quartet and loved to sing the song “When the red robin goes bob bob bobbin along…” Sam eventually changed the name of his tavern to Sam’s Red Robin.
Over the years Sam’s Red Robin simply became Red Robin. It was transformed from the tavern into the first Red Robin restaurant that opened in a 1,200 square-foot building perched on a Seattle hilltop.
Red Robin expands the menu from jumbo beers, cellophane-wrapped sandwiches and popcorn to include Red Robin’s most popular burgers – the Red Robin Gourmet Cheeseburger, the Red Robin Bacon Cheeseburger and the Royal Red Robin Burger™, which is crowned with fresh fried egg
Red Robin regulars, Mike and Steve Snyder, decide to open their own Red Robin in Yakima, Wash. The Snyder Group Company becomes Red Robin’s first franchisee.
On course to becoming “America’s Gourmet Burgers & Spirits,” Red Robin expands beyond Washington by opening a restaurant in Portland, Ore.
Red Robin hatches one of America’s only restaurant mascots, a colorful robin named “Red.” Children everywhere become overnight fans.
A domestic success, Red Robin crosses the U.S. border and opens a Canadian Red Robin restaurant in Burnaby, British Columbia.
Red Robin Restaurants of Canada opens a restaurant in North Vancouver, British Columbia.
Red Robin Restaurants of Canada opens a restaurant in Metrotown, Burnaby and Vancouver, British Columbia.
Red Robin Restaurants of Canada expands to Edmonton Alberta and opens a restaurant at Whitemud.
Red Robin Restaurants of Canada opens a restaurant in Victoria on Vancouver Island, British Columbia and opens another store in West Edmonton, Alberta.
Red Robin Restaurants of Canada opens two restaurants in Coquitlam, BC and Long Street, Edmonton Alberta.
Red Robin Restaurants of Canada opens two more restaurants on Broadway, Vancouver and Langley British Columbia.
Red Robin Restaurants of Canada expands to the Okanogan and opens a new restaurant in Kelowna, British Columbia.
Already known as a place for great family fun, Red Robin reinforces its reputation as a restaurant industry leader by offering Bottomless Steak Fries™ (a.k.a. all-you-can-eat) with its gourmet burgers.
Red Robin Restaurants of Canada opens a new restaurant in Maple Ridge.
Red Robin Restaurants of Canada opens three new restaurants in British Columbia in Abbotsford, Guildford and Newton.
Red Robin Restaurants of Canada opens its forth store in Edmonton at Clareview in Alberta.
Red Robin ranks 15th in a casual-dining survey by Nation’s Restaurant News, a leading publication of the restaurant industry.
Red Robin Restaurants of Canada opens it 14th store in British Columbia in Prince George.
Red Robin merges with the Snyder Group, its largest franchisee, and celebrates the opening of its 150th restaurant in May. Securing $75 million in financing, Red Robin continues its nationwide expansion efforts.
Red Robin at Thurlow and Alberni moves to a new location at Thurlow and Robson in Vancouver, British Columbia.
Red Robin holds a national “Gourmet Burger Recipe Contest.” Guests from around the country are asked to submit their own unique gourmet burger recipes for a chance to have their burger featured on the Red Robin menu in 2002. Lauren Berg, 13, of Colorado Springs, Colo., and her Grilled Portobello Burger beat out more than 500 other recipes to win the contest. Proceeds from the sale of her burger – up to $50,000 – benefit Starlight Children’s Foundation, a non-profit organization that works to improve the lives of seriously-ill children and their families.
On July 19, Red Robin goes public with an initial public offering of 5,038,000 shares, of which 4,000,000 shares were sold, at a price to the public of $12.00 per share. The remaining 1,038,000 shares were offered by selling stockholders. Red Robin received net proceeds of $42.8 million from the offering. Red Robin also entered into a three-year $40.0 million revolving credit agreement to fund construction and acquisition of new restaurants, to refinance existing indebtedness and for general corporate purposes, including working capital.
Red Robin receives the Dealmakers Award in the Retail and Restaurant category presented by the Denver Business Journal. Red Robin was selected to receive the award for its successful IPO in July 2002, continued growth and increased revenue.
In November 2003, Red Robin completed a secondary offering of 3,458,673 shares of common stock, of which it sold 750,000 shares, at a price of $26.50 per share. The remaining 2,708,673 shares were offered by selling stockholders. The Company received proceeds of $18.0 million from the offering, net of $1.0 million of underwriting fees and commissions and $868,200 of other offering costs. In December 2003, the Company’s underwriters exercised their over-allotment option with respect to 518,801 additional shares offered by selling stockholders. The Company received no proceeds from the over-allotment exercise.
Red Robin continues its growth with the opening of its 250th restaurant. At the 2004 MUFSO Conference, Nation’s Restaurant News and Coca-Cola? present Red Robin with the People and Performance Award (PAPA) for its outstanding employee recognition programs.
In August 2004, Red Robin completed a secondary offering of 1,937,543 shares of common stock, all of which were held by selling stockholders, at a price of $32.36 per share. The Company did not receive any proceeds from this offering. Fees related to this offering, which were borne by the Company, totaled $200,400 and were recorded in general and administrative expenses.
: Red Robin is honored with Restaurant Hospitality’s Chain of the Year award and receives Restaurants & Institutions’ Choice in Chains Crystal Award in the Burger category. The company celebrates the third anniversary of its initial public offering by opening the NASDAQ stock market in New York City on July 19 and demonstrates it Unbridled culture by hosting a Freckled Lemonade Stand in Times Square and distributing its signature beverage and Metro subway cards to tourists for free.
Red Robin’s chief financial officer, Katie Scherping, is the recipient of an Outstanding Women in Business Award presented by the Denver Business Journal. The company is a national finalist for the National Restaurant Association’s Restaurant Neighbor Award and a finalist for ColoradoBiz magazine’s Top Company of the Year Award.
Red Robin Restaurants of Canada opens its 19th store in Kamloops, British Columbia.
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