HEATHROW Fla. Ruth’s Chris Steak House Inc., the industry’s largest upscale steakhouse operator and franchisor, continued its downward spiral with a 62-percent plunge in its fourth-quarter profit on a 1.1-percent uptick in revenues. The company said its performance was hit by “continuing challenges with guest traffic driven by an uncertain economy and a more cautious consumer.” For the 13-week quarter ended Dec. 30, the company earned $4.1 million, or 18 cents per share, compared with ...
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!