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August 1, 2014
07:03 EDTRUTHRuth's Hospitality reports Q2 EPS 20c ex-items, consensus 20c
Reports Q2 revenue $102.99M, consensus $104.74M. Company-owned comparable restaurant sales for Ruth’s Chris Steak House increased 2.8%. Company-owned comparable restaurant sales for Mitchell’s Fish Market declined 0.7%. The company currently expects to open a total of three company-owned Ruth’s Chris Steak House restaurants and three franchisee-owned restaurants during 2014. To date this year, one company-owned location has opened in Denver, Colorado and one franchisee-owned location has opened in Boise, Idaho. The company has signed leases to open two restaurants in 2015 with one location in Dallas, Texas and the other in St. Petersburg, Florida. Franchisees are currently projected to open four locations during 2015.
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February 12, 2016
07:03 EDTRUTHRuth's Hospitality sees FY16 COGS 29.5%-21.5% of restaurant sales
Based on current information, Ruth's Hospitality Group, Inc. is announcing its full year 2016 outlook as follows: Cost of goods sold of 29.5% to 31.5% of restaurant sales; Restaurant operating expenses of 47.0% to 49.0% of restaurant sales Marketing and advertising costs of 2.9% to 3.1% of total revenues; General and administrative expenses of $29.0 million to $31.0 million; Effective tax rate of 32% to 34%; Capital expenditures of $28 million to $30 million.
07:02 EDTRUTHRuth's Hospitality reports Q4 EPS 26c ex-items, consensus 25c
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