Ruth's Hospitality Group (RUTH) Declares $0.07 Quarterly Dividend; 1.6% Yield

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Ruth's Hospitality Group (RUTH) Misses Q1 EPS by 1c; Approves New $50M Stock Buyback Plan

April 28, 2016 9:48 AM EDT

Ruth's Hospitality Group (NASDAQ: RUTH) reported Q1 EPS of $0.33, $0.01 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $95.9 million versus the consensus estimate of $104.56 million.

Company-owned comparable restaurant sales increased 3.1% in the first quarter.

During the first quarter of 2016, the Company repurchased 732 thousand shares of common stock under the Companys share... More