Brief: Ruth’s Hospitality Q1 Total Revenues $108.5 Million

Ruth's Hospitality

08/05/2020 11:06

May 8 (Reuters) - Ruth’s Hospitality Group Inc:
    * RUTH’S HOSPITALITY GROUP INC - TOTAL REVENUES IN Q1 OF
2020
DECREASED 9.4% TO $108.5 MILLION
    * RUTH’S HOSPITALITY GROUP - Q1 COMPARABLE RESTAURANT SALES
AT
COMPANY-OWNED RESTAURANTS DECREASED 13.5%
    * RUTH’S HOSPITALITY GROUP - WITHDRAWN ITS FINANCIAL
GUIDANCE FOR
FISCAL YEAR 2020
    * RUTH’S HOSPITALITY GROUP - CURRENTLY OPERATING TAKE-OUT
AND
DELIVERY IN 56 COMPANY-OWNED RESTAURANTS AND 30 COMPANY-OWNED
AND MANAGED RESTAURANTS HAVE BEEN CLOSED
    * RUTH’S HOSPITALITY GROUP - ALL DINING ROOMS IN
COMPANY-OWNED
RESTAURANTS REMAIN CLOSED
    * RUTH’S HOSPITALITY GROUP - OF THE 73 FRANCHISEE-OWNED
RESTAURANTS, 14 RESTAURANTS ARE OPEN, 28 ARE OPERATING TAKE-OUT
AND DELIVERY AND 31 ARE CLOSED

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 ((Reuters.Briefs@thomsonreuters.com;))