Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 4c, Revenues Beat

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Ruth’s Hospitality Group, Inc. Provides Business Update and Reports Third Quarter 2020 Financial Results

October 30, 2020 7:00 AM EDT

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (the Company) (NASDAQ: RUTH) today provided a business update on the impact of the COVID-19 pandemic and reported unaudited financial results for its third quarter ended September 27, 2020.

Business and Liquidity Update:

By the end of the third quarter, the Company was able to re-open 94% (72 of 77) of its Company-owned and managed restaurants, which included 71 restaurants offering limited capacity dining service and one restaurant offering to-go and delivery service only. 99% (71 of 72) of the Companys... More