Brief: Ruth’s Hospitality Group Inc Reports Q3 Earnings Per Share $0.16

Ruth's Hospitality

01/11/2019 11:12

Nov 1 (Reuters) - Ruth's Hospitality Group Inc  RUTH.O :
    * RUTH’S HOSPITALITY GROUP, INC. REPORTS THIRD QUARTER 2019
FINANCIAL RESULTS
    * Q3 EARNINGS PER SHARE $0.16
    * Q3 REVENUE $103 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$102.8
MILLION
    * Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.15 EXCLUDING
ITEMS
    * Q3 EARNINGS PER SHARE ESTIMATE $0.10 -- REFINITIV IBES
DATA
    * RESTAURANT SALES IN Q3 OF 2019 INCREASED 4.0% TO $97.2
MILLION
    * QTRLY COMPARABLE RESTAURANT SALES AT COMPANY-OWNED
RESTAURANTS
INCREASED 0.6%
    * EXPECT TO OPEN RESTAURANTS IN WASHINGTON DC, SHORT HILLS,
NJ,
WORCESTER, MA, LONG ISLAND, NY AND LONG BEACH, CA IN 2020
    * CO'S FRANCHISE PARTNERS ARE CURRENTLY EXPECTED TO OPEN A
NEW
RESTAURANT IN ST. GEORGE, UT NOW EXPECTED TO OPEN IN 2021
    * SEES 2019 CAPITAL EXPENDITURES OF $54 MILLION TO $56
MILLION
    * SEES 2019 RESTAURANT OPERATING EXPENSES OF 48.5% TO 49.0%
OF
RESTAURANT SALES

Source text for Eikon:  ID:nBw90zvG1a 
Further company coverage:  RUTH.O 

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