HEATHROW Fla. Sharp declines in same-store sales and impairment and restructuring charges led Ruthâ€™s Hospitality Group Inc. to swing to a net loss in its fourth quarter. The parent of the Ruthâ€™s Chris Steakhouse and other chains said Friday that the companyâ€™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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com