Ruth's Hospitality Group (RUTH) Reports In-Line Q2 EPS

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Ruth’s Hospitality Group, Inc. Reports Second Quarter 2022 Financial Results

August 5, 2022 7:00 AM EDT

Posts Record Second Quarter Revenue Up 16%
Approves $60M Share Repurchase Program
Declares $0.14 Per Share Quarterly Dividend

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (the Company) (Nasdaq: RUTH) today reported unaudited financial results for its second quarter ended June 26, 2022 and provided a business update.

Second Quarter and Recent Business Highlights (1)

Delivered positive second quarter comparable sales versus both fiscal years 2021 and 2019. By period, comparable restaurant sales and average weekly sales for Company-owned restaurants for the second quarter 2022 were as... More