Ruth's Hospitality (RUTH) Shares Trade Higher on Preliminary Q410 Sales Results
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Price: $21.49 --0%
Financial Fact:
Interest expense, net: -333K
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Interest expense, net: -333K
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Ruth's Hospitality Group Inc. (Nasdaq: RUTH) shares are trading higher today, following the company offering up preliminary Q410 sales results. Shares are up 5.9% today.
Ruth's said company-owned restaurant sales increased 8% to $90.4 million, with comps up 9.2%. Analysts are looking for Q410 sales of $91.2 million.
They note that "approximately 1.6% of the comparable result is attributable to additional restaurants being open on Thanksgiving Day [in 2010]."
In terms of private dining, sales increased 16% in Q410, with sales at Mitchell's Fish Market down 2.2%.
Ruth's said company-owned restaurant sales increased 8% to $90.4 million, with comps up 9.2%. Analysts are looking for Q410 sales of $91.2 million.
They note that "approximately 1.6% of the comparable result is attributable to additional restaurants being open on Thanksgiving Day [in 2010]."
In terms of private dining, sales increased 16% in Q410, with sales at Mitchell's Fish Market down 2.2%.
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