HEATHROW Fla. Sharp declines in same-store sales and impairment and restructuring charges led Ruth’s Hospitality Group Inc. to swing to a net loss in its fourth quarter. The parent of the Ruth’s Chris Steakhouse and other chains said Friday that the company’s fourth-quarter loss totaled $60.7 million, or $2.60 per share, compared to a profit of $4.1 million, or 18 cents per share, in the same quarter a year earlier. The latest quarter included an $81.3 million loss on impairment and ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Why Register?
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!
