Ruth's Hospitality Group, Inc. (RUTH) Misses Q4 EPS by 6c
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Price: $21.49 --0%
Financial Fact:
Diluted earnings per share: 0.11
Today's EPS Names:
WPRT, ITRG, ALM, More
Financial Fact:
Diluted earnings per share: 0.11
Today's EPS Names:
WPRT, ITRG, ALM, More
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Ruth's Hospitality Group, Inc. (NASDAQ: RUTH) reported Q4 EPS of $0.12, $0.06 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $108.9 million versus the consensus estimate of $109.71 million.
Ruth’s Chris Steak House Sales
-- 63 Company-owned Ruth’s Chris Steak House restaurants were open at the end of the fourth quarter of 2013 compared to 64 at the end of the prior year fourth quarter. Total operating weeks for the quarter decreased to 819 from 879. Operating weeks in the fourth quarter of 2012 included 60 additional weeks largely as a result of the 14th week. Total operating weeks exclude discontinued operations.
-- Average weekly sales for Ruth’s Chris Steak House were $106.0 thousand in the fourth quarter of 2013, an increase of 4.1% compared to $101.8 thousand in the fourth quarter of 2012.
-- On a comparable 13-week basis, the 5.5% increase in Company-owned comparable restaurant sales at Ruth’s Chris Steak House consisted of a traffic increase of 4.5% combined with an average check increase of 1.0%.
Mitchell’s Fish Market Sales
-- 19 Company-owned Mitchell’s Fish Market restaurants were open at the end of the fourth quarter of 2013 compared to 19 at the end of the fourth quarter of 2012. Total operating weeks for the quarter decreased to 247 from 266. Last year’s fourth quarter included 19 additional weeks as a result of the 14th week.
-- Average weekly sales at Mitchell’s Fish Market were $68.0 thousand in the fourth quarter of 2013, an increase of 0.8% compared to $67.4 thousand in the fourth quarter of 2012.
-- On a comparable 13-week basis, the 2.6% increase in comparable restaurant sales at Mitchell’s Fish Market consisted of a traffic decrease of 1.6% combined with an average check increase of 4.3%.
For earnings history and earnings-related data on Ruth's Hospitality Group, Inc. (RUTH) click here.
Ruth’s Chris Steak House Sales
-- 63 Company-owned Ruth’s Chris Steak House restaurants were open at the end of the fourth quarter of 2013 compared to 64 at the end of the prior year fourth quarter. Total operating weeks for the quarter decreased to 819 from 879. Operating weeks in the fourth quarter of 2012 included 60 additional weeks largely as a result of the 14th week. Total operating weeks exclude discontinued operations.
-- Average weekly sales for Ruth’s Chris Steak House were $106.0 thousand in the fourth quarter of 2013, an increase of 4.1% compared to $101.8 thousand in the fourth quarter of 2012.
-- On a comparable 13-week basis, the 5.5% increase in Company-owned comparable restaurant sales at Ruth’s Chris Steak House consisted of a traffic increase of 4.5% combined with an average check increase of 1.0%.
Mitchell’s Fish Market Sales
-- 19 Company-owned Mitchell’s Fish Market restaurants were open at the end of the fourth quarter of 2013 compared to 19 at the end of the fourth quarter of 2012. Total operating weeks for the quarter decreased to 247 from 266. Last year’s fourth quarter included 19 additional weeks as a result of the 14th week.
-- Average weekly sales at Mitchell’s Fish Market were $68.0 thousand in the fourth quarter of 2013, an increase of 0.8% compared to $67.4 thousand in the fourth quarter of 2012.
-- On a comparable 13-week basis, the 2.6% increase in comparable restaurant sales at Mitchell’s Fish Market consisted of a traffic decrease of 1.6% combined with an average check increase of 4.3%.
For earnings history and earnings-related data on Ruth's Hospitality Group, Inc. (RUTH) click here.
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