Ruth's Hospitality Group (RUTH) Misses Q3 EPS by 4c

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Go back to Ruth's Hospitality Group (RUTH) Misses Q3 EPS by 4c

Ruth’s Hospitality Group, Inc. Reports Third Quarter 2017 Financial Results

November 3, 2017 7:00 AM EDT

Announces Acquisition of Hawaii Franchised Operations

Board Authorizes New $60 Million Share Repurchase Program and Declares $0.09 Per Share Quarterly Dividend

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (the Company) (NASDAQ: RUTH) today reported unaudited financial results for its third quarter ended September 24, 2017.

Highlights for the third quarter of 2017 were as follows:

The Company reported net income of $1.7 million, or $0.05 per diluted share in the third quarter of 2017, compared to net income of $3.6 million, or $0.11 per diluted share, in the third quarter of 2016.... More