Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 1c

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Go back to Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 1c

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

November 2, 2018 7:00 AM EDT

Comparable Sales Up 3.7%

Total Revenues Increased 16.3%

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (the Company) (NASDAQ: RUTH) today reported unaudited financial results for its third quarter ended September 30, 2018.

Highlights for the third quarter of 2018 were as follows:

Restaurant sales in the third quarter of 2018 increased 17.7% to $93.5 million compared to $79.4 million in the third quarter of 2017. Net income in the third quarter of 2018 was $3.6 million, or $0.12 per diluted share, compared to net income of $1.7 million, or $0.05 per diluted share, in the third... More