Ryan's Restaurant (RYAN) Reports July Same-Store Sales
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Price: $39.45 -3.47%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +6.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +6.2%
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Ryan's Restaurant Group Inc. (Nasdaq: RYAN) reported July sales results. Average weekly sales decreased by 3.4% in July, and same-store sales decreased by 4.2% for the same period.
Management believes that July's sales results were affected by the adverse impact of higher gasoline prices on the discretionary spending of its customer base.
Management believes that July's sales results were affected by the adverse impact of higher gasoline prices on the discretionary spending of its customer base.
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