Ruth's Hospitality Group (RUTH) Misses Q1 EPS by 1c; Approves New $50M Stock Buyback Plan
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Ruth’s Hospitality Group, Inc. Reports First Quarter 2016 Financial Results
April 28, 2016 7:00 AM EDTCompany-owned Comparable Restaurant Sales Increase 3.1%
Board Authorizes New $60 Million Share Repurchase Program and Declares $0.07 Per Share Quarterly Dividend
WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (NASDAQ: RUTH) today reported unaudited financial results for its first quarter ended March 27, 2016 and announced a new $60 million share repurchase program and a quarterly cash dividend of $0.07 per share to be paid in the second quarter.
Highlights for the first quarter of 2016 compared to the first quarter of 2015 were as follows:
The Company reported net... More
