Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 1c; Comps Rose 2.1%

Go back to Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 1c; Comps Rose 2.1%

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

October 28, 2016 7:00 AM EDT

Company-owned Comparable Restaurant Sales Increased 2.1%

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (NASDAQ: RUTH) today reported unaudited financial results for its third quarter ended September 25, 2016 and announced a quarterly cash dividend of $0.07 per share to be paid in the fourth quarter.

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

The Company reported net income of $3.6 million, or $0.11 per diluted share, in the third quarter of 2016 compared to net income of $2.6 million, or $0.08 per diluted share, in the third quarter of 2015.... More