Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 5c

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

November 1, 2019 7:00 AM EDT

Third Quarter GAAP EPS of $0.16

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 third quarter ended September 29, 2019.

Highlights for the third quarter of 2019 were as follows:

Total revenues in the third quarter of 2019 increased 4.0% to $103.0 million compared to $99.0 million in the third quarter of 2018. Net income in the third quarter of 2019 increased 25.7% to $4.5 million, or $0.16 per... More