Brief: Ruth's Hospitality Group says Q3 earnings per share $0.05

Ruth's Hospitality

03/11/2017 11:00

Nov 3 (Reuters) - Ruth's Hospitality Group Inc  RUTH.O - 
    * Ruth's Hospitality Group, Inc. Reports third quarter 2017 
financial results 
    * Q3 non-GAAP earnings per share $0.06 excluding items 
    * Q3 earnings per share $0.06 from continuing operations 
    * Q3 earnings per share $0.05 
    * Q3 revenue $85.2 million versus I/B/E/S view $87.2 million 
    * Q3 non-GAAP earnings per share $0.06 from continuing 
operations 
excluding items 
    * Q3 earnings per share view $0.09 -- Thomson Reuters 
I/B/E/S 
    * Ruth's Hospitality Group Inc - board authorizes new $60 
million 
share repurchase program 
    * Ruth's Hospitality Group Inc qtrly company-owned 
comparable 
restaurant sales decreased 1.6% 
    * Ruth's Hospitality-new share repurchase program replaces 
co's 
previous $60 million share repurchase program announced in April 
2016, which has now been retired 
    * Ruth's Hospitality Group Inc sees full year 2017 capital 
expenditures of $20 million to $23 million 
    * Ruth's Hospitality Group Inc sees full year 2017 food and 
beverage costs of 29.0% to 31.0% of restaurant sales 
    * Ruth's Hospitality -on Nov. 2, co entered into agreement 
to 
acquire 6 franchised Ruth's Chris Steak House restaurants in 
Hawaii for about $35 million in cash 
 
Source text for Eikon:  ID:nBw42HHdva  
Further company coverage:  RUTH.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))