Brief: Ruth's Hospitality Group Q2 Adjusted Non-GAAP EPS $0.31

Ruth's Hospitality

02/08/2019 12:07

Aug 2 (Reuters) - Ruth's Hospitality Group Inc  RUTH.O :
    * RUTH’S HOSPITALITY GROUP, INC. REPORTS SECOND QUARTER 2019
FINANCIAL RESULTS
    * Q2 EARNINGS PER SHARE $0.31
    * Q2 REVENUE $110.2 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$112.2 MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.31 -- REFINITIV IBES
DATA
    * Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.31 EXCLUDING
ITEMS
    * DECLARES $0.13 PER SHARE QUARTERLY DIVIDEND
    * QTRLY COMPARABLE RESTAURANT SALES AT COMPANY-OWNED
RESTAURANTS
DECREASED 0.5%
    * 78 COMPANY-OWNED RUTH'S CHRIS STEAK HOUSE RESTAURANTS WERE
OPEN
AT END OF Q2 OF 2019
    * OUR FRANCHISE PARTNERS ARE CURRENTLY EXPECTED TO OPEN A
NEW
RESTAURANT IN ST. GEORGE, UT, NOW IN FIRST HALF OF 2020
    * SEES FY FOOD AND BEVERAGE COSTS OF 28.0% TO 29.5% OF
RESTAURANT
SALES
    * SEES FY RESTAURANT OPERATING EXPENSES OF 48.0% TO 50.0% OF
RESTAURANT

Source text for Eikon:  ID:nBw84Kl9na 
Further company coverage:  RUTH.O 

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