Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 1c

Ruth's Hospitality Group (NASDAQ: RUTH) reported Q3 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $80.3 million versus the consensus estimate of $80 million.

Company-owned Sales

• For the third quarter of 2015, Company-owned comparable restaurant sales increased 3.3%, which consisted of an average check increase of 3.8%, partially offset by a traffic decrease of 0.5%.
• Average unit weekly sales were $87.7 thousand in the third quarter of 2015, an increase of 3.7% compared to $84.6 thousand in the third quarter of 2014.
• 66 Company-owned Ruth’s Chris Steak House restaurants were open at the end of the third quarter of 2015 compared to 63 Company-owned Ruth’s Chris Steak House restaurants at the end of the third quarter of 2014. Total operating weeks for the third quarter of 2015 increased to 858 from 819 in the third quarter of 2014. Total operating weeks exclude discontinued operations.

For earnings history and earnings-related data on Ruth's Hospitality Group (RUTH) click here.

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