Ruth's Hospitality Group (RUTH) Misses Q2 EPS by 2c

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Ruth’s Hospitality Group, Inc. Reports Second Quarter 2016 Financial Results

July 29, 2016 7:00 AM EDT

Company-owned Comparable Restaurant Sales Increased 1.5%

Repurchased 1.2 Million Shares of Common Stock

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (NASDAQ: RUTH) today reported unaudited financial results for its second quarter ended June 26, 2016 and announced a quarterly cash dividend of $0.07 per share to be paid in the third quarter.

Highlights for the second quarter of 2016 compared to the second quarter of 2015 were as follows:

The Company reported net income of $6.9 million, or $0.21 per diluted share in the second quarter of 2016 compared to net income of... More