Up on same-restaurant sales beat

Ruth's Hospitality

03/05/2019 14:37

** Steak house operator's shares  RUTH.O  up 3% at $25.69 on
better-than-expected sales at established restaurants
    ** Same-store sales at company-owned restaurants rose 1.8%,
vs est 0.83% growth - Refinitiv data
    ** Average check, or the amount a diner spends on each
visit, rose 1.8%, but traffic was flat  urn:newsml:reuters.com:*:nBw2WkhP2a
    ** Company, which operates Ruth's Chris Steak House,
reported sales rise of 2.4% to $119.7 mln vs est $119.3 mln
    ** RUTH's shares up 16.45% YTD

 (Reporting by Nivedita Balu in Bengaluru)
 ((Reuters Messaging:
Nivedita.Balu.thomsonreuters.com@reuters.net))