HEATHROW Fla. Ruth's Hospitality Group Inc. trimmed its losses in the fourth quarter on reduced charges and cost cutting, but sales remained slow at its upper-end restaurants.Ruth's reported a net loss of $2.7 million, or 11 cents per share, in the Dec. 27-ended quarter, compared with a loss of $60.6 million loss, or $2.59 a share, a year ago, when it booked more than $90 million in impairment and restructuring charges. Excluding charges, Ruth's said it would have earned 11 cents a share in ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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 NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com