RUTH - Earnings announcements

ORLANDO, Fla., May 3, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ("Ruth's") (NASDAQ:RUTH) announced earlier today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million.  As previously announced, the companies will host a conference call to discuss the transaction on Thursday, May 4, 2023, at 8:30 a.m. ET.  The call information provided in the earlier press release was incorrect; this press release is issued to provide updated c

ORLANDO, Fla., May 3, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ("Ruth's") (NASDAQ:RUTH), jointly announced today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million. Ruth's, owner and operator of Ruth's Chris Steak House ("Ruth's Chris"), will complement Darden's portfolio of differentiated brands which currently includes Olive Garden, LongHorn Steakhouse, Yard House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 5

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss first quarter 2023 financial results on Friday, May 5, 2023 at 8:30 AM Eastern Time. A press release with first quarter 2023 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13734967. The replay will be available until Friday, May 12, 2023. The call will also be webcast live from the Company's website at www.rhgi.com under the Investor Relations section.

– Increases Quarterly Dividend to $0.16 Per Share – Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported financial results for its fourth quarter and fiscal year ended December 25, 2022 and provided a business update. Fourth Quarter Highlights Total restaurant sales in the fourth quarter increased 9.6% compared to 2021 driven by comparable sales growth of 4.5% and incremental sales from six new restaurants that opened over the last 12 months. Comparable sales increased 5.5% compared to 2019. Fourth quarter average weekly sales for Company-owned restaurants were $130.0 thousand in 2022 compared to $123.0 thousand in 2021. Franchise income in the fourth quarter

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss fourth quarter and full year 2022 financial results on Thursday, February 23, 2023 at 8:30 AM Eastern Time. A press release with fourth quarter and full year 2022 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13734965. The replay will be available until Thursday, March 2, 2023. The call will also be webcast live from the Company's website at www.rhgi.com

– Declares $0.14 Per Share Quarterly Dividend – Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported unaudited financial results for its third quarter ended September 25, 2022 and provided a business update. Third Quarter Highlights (1) Total restaurant sales in the third quarter increased 8.5% compared to 2021 driven by comparable sales growth and incremental sales from six new restaurants that opened over the last 12 months. Third quarter comparable sales increased 2.9% versus 2021 and 11.2% versus 2019. Third quarter average weekly sales were $107.5 thousand in 2022 compared to $102.8 thousand in 2021 and $93.4 thousand in 2019. (2) Franchise income in

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss third quarter 2022 financial results on Friday, November 4, 2022 at 8:30 AM Eastern Time. A press release with third quarter 2022 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13732782. The replay will be available until Friday, November 11, 2022. The call will also be webcast live from the Company's website at www.rhgi.com under the Investor Relations se

– Posts Record Second Quarter Revenue Up 16% – – Approves $60M Share Repurchase Program – – Declares $0.14 Per Share Quarterly Dividend – Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported unaudited financial results for its second quarter ended June 26, 2022 and provided a business update. Second Quarter and Recent Business Highlights (1) Delivered positive second quarter comparable sales versus both fiscal years 2021 and 2019. By period, comparable restaurant sales and average weekly sales for Company-owned restaurants for the second quarter 2022 were as follows: (dollar amounts in thousands) April   May   June   Q2 2022 Comparable Restaur

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss second quarter 2022 financial results on Friday, August 5, 2022 at 8:30 AM Eastern Time. A press release with second quarter 2022 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13730773. The replay will be available until Friday, August 12, 2022. The call will also be webcast live from the Company's website at www.rhgi.com under the Investor Relations sect

Earnings Per Share Increased 17% to $0.31 Quarterly Dividend Increased to $0.14 per Share Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported unaudited financial results for its first quarter ended March 27, 2022 and provided a business update. Year to Date Highlights (1) Opened our first of five anticipated 2022 new restaurants in Aventura, FL. The Company has opened three new Company-owned restaurants in the past two quarters. Announced a second quarter dividend increase to $0.14 from $0.12 Repaid $20.0 million of debt on our revolving credit facility during the first quarter and repaid an additional $25.0 million in April First quarter comparable sales

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss first quarter 2022 financial results on Friday, May 6, 2022 at 8:30 AM Eastern Time. A press release with first quarter 2022 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 412-317-6026. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 10166325. The replay will be available until Friday, May 13, 2022. The call will also be webcast live from the Company's website at www.rhgi.com under the Investor Relations section. Ab

Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported unaudited financial results for its fourth quarter and fiscal year ended December 26, 2021 and provided a business update. CEO Comments Cheryl Henry, President, Chief Executive Officer and Chairperson of the Board of Ruth's Hospitality Group, Inc., commented, "The outstanding efforts from our team members allowed us to post solid fourth quarter results with positive comparable sales growth versus 2019 and strong restaurant-level profitability. More importantly, these accomplishments came on the heels of several headwinds, including the emergence of Omicron in December, continued challenges in the labor market, and

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss fourth quarter and full year 2021 financial results on Thursday, February 24, 2022 at 8:30 AM Eastern Time. A press release with fourth quarter and full year 2021 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13726538. The replay will be available until Thursday, March 3, 2022. The call will also be webcast live from the Company's website at www.rhgi.com

- Reports Q3 Earnings Per Share of $0.20 Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported unaudited financial results for its third quarter ended September 26, 2021 and provided a business update. CEO Comments Cheryl Henry, President, Chief Executive Officer and Chairperson of the Board of Ruth's Hospitality Group, Inc., commented, "Our third quarter results demonstrated our team's operational excellence in a challenging and dynamic environment. Our performance this quarter also reminded us of how sought after and trusted the Ruth's Chris brand experience is." Henry added, "Although elevated beef costs continue to be a headwind, we are encouraged by our contin

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss third quarter 2021 financial results on Friday, October 29, 2021 at 8:30 AM Eastern Time. A press release with third quarter 2021 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13723829. The replay will be available until Friday, November 5, 2021. The call will also be webcast live from the Company's website at www.rhgi.com under the Investor Relations sec

- Revenue $110.9 Million - Earnings Per Share $0.36 Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported unaudited financial results for its second quarter ended June 27, 2021 and provided a business update. CEO Comments Cheryl Henry, President, Chief Executive Officer and Chairperson of the Board of Ruth's Hospitality Group, Inc., commented, "I'm pleased to report that we posted strong operating results in the second quarter with sequential growth in comparable sales each month and continued margin improvement. We are excited about this momentum and our renewed commitment to unit growth as we expect to open seven new Company-owned or managed restaurants by the end

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss second quarter 2021 financial results on Friday, August 6, 2021 at 8:30 AM Eastern Time. A press release with second quarter 2021 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13721345. The replay will be available until Friday, August 13, 2021. The call will also be webcast live from the Company's website at www.rhgi.com under the Investor Relations sect