Ruth’s Hospitality Group, Inc., formerly Ruth’s Chris Steak House, Inc., is a restaurant company focused on the upscale dining segment. The Company owns the Ruth’s Chris Steak House, Mitchell’s Fish Market, Columbus Fish Market, Mitchell’s Steakhouse and Cameron’s Steakhouse concepts. As of December 28, 2008, there were 130 Ruth’s Chris Steak House restaurants, of which 66 were Company-owned and 64 were franchisee-owned, including 13 international franchisee-owned restaurants in Mexico, China (Hong Kong), Taiwan, Japan, Canada and Aruba. On February 19, 2008, the Company acquired Mitchell’s Fish Market, which operates 19 restaurants operating under the names Mitchell’s Fish Market and Columbus Fish Market, and Cameron’s Steakhouse, which operates three restaurants operating under the names Cameron’s Steakhouse and Mitchell’s Steakhouse from Cameron Mitchell Restaurants, LLC (CMR).
Quick Financial Synopsis
BRIEF: For the thirty- nine weeks ended 27 June 2009, Ruth's Hospitality Group, Inc.'s revenues decreased 13% to $263.2M. Net income from continuing operations decreased 23% to $5.5M. Revenue reflects lower income from restaurant sales and lower franchise income. Net income also reflects higher depreciation & amortization expense, increased loss on the disposal of property & equipment, net and presence of loss on impairment.
Company Address
Ruth’s Hospitality Group, Inc.
500 International Parkway Suite 100 Heathrow, FL 32746
P: +1407.3337440 F: +1407.8339625