Ruth's Hospitality Group (RUTH) Tops Q2 EPS by 2c, Revenues Miss

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Go back to Ruth's Hospitality Group (RUTH) Tops Q2 EPS by 2c, Revenues Miss

Ruth’s Hospitality Group, Inc. Reports Second Quarter 2018 Financial Results

August 10, 2018 7:00 AM EDT

Total Revenues Increased 9.6%

Earnings Per Share Up 28.1%

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (the Company) (NASDAQ: RUTH) today reported unaudited financial results for its second quarter ended July 1, 2018.

Highlights for the second quarter of 2018 were as follows:

Restaurant sales in the second quarter of 2018 increased 10.0% to $103.5 million compared to $94.1 million in the second quarter of 2017. The Company reported net income of $9.6 million, or $0.32 per diluted share, in the second quarter of 2018, compared to net income of $7.8... More