Ruth's Hospitality Group (RUTH) Reports In-Line Q1 EPS

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Go back to Ruth's Hospitality Group (RUTH) Reports In-Line Q1 EPS

Ruth’s Hospitality Group, Inc. Reports First Quarter 2019 Financial Results

May 3, 2019 7:00 AM EDT

First Quarter GAAP EPS of $0.47

Announces Acquisition of Three Franchised Restaurants and Territory Development Rights

Declares $0.13 Per Share Quarterly Dividend

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (the Company) (NASDAQ: RUTH) today reported unaudited financial results for its first quarter ended March 31, 2019.

Highlights for the first quarter of 2019 were as follows:

Restaurant sales in the first quarter of 2019 increased 2.4% to $113.0 million compared to $110.4 million in the first quarter of 2018. Average unit weekly sales were $111.4 thousand in the first quarter of... More