Brief: Ruth’s Hospitality Group Q3 Earnings Per Share $0.12 From Continuing Operations

Ruth's Hospitality

02/11/2018 11:07

Nov 2 (Reuters) - Ruth's Hospitality Group Inc  RUTH.O :
    * RUTH’S HOSPITALITY GROUP, INC. REPORTS THIRD QUARTER 2018
FINANCIAL RESULTS
    * Q3 EARNINGS PER SHARE $0.12 FROM CONTINUING OPERATIONS
    * Q3 REVENUE $99 MILLION VERSUS I/B/E/S VIEW $95.9 MILLION
    * Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.13 EXCLUDING
ITEMS
    * Q3 EARNINGS PER SHARE VIEW $0.11 -- THOMSON REUTERS
I/B/E/S
    * QTRLY COMPARABLE SALES UP 3.7%
    * SEES RESTAURANT OPERATING EXPENSES OF 48.0% TO 48.6% OF
RESTAURANT SALES FOR 2018
    * SEES MARKETING AND ADVERTISING COSTS OF 3.7% TO 3.9% OF
TOTAL
REVENUE FOR 2018
    * SEES FY 2018 FOOD AND BEVERAGE COSTS OF 28.2% TO 28.8% OF
RESTAURANT SALES
    * SEES CAPITAL EXPENDITURES OF $30 MILLION TO $32 MILLION
FOR 2018
    * SEES MARKETING AND ADVERTISING COSTS OF 3.7% TO 3.9% OF
TOTAL
REVENUE FOR 2018

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