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Ruth’s Hospitality makes ‘surgical’ menu-price increasesRuth’s Hospitality makes ‘surgical’ menu-price increases

Capacity returns to steakhouses in second quarter, with same-store sales up 5%

Ron Ruggless, Senior Editor

August 9, 2021

3 Min Read
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Ruth’s Hospitality Group Inc. has made “surgical” increases in menu prices, including a 2.5% hike in May, to offset pressures in commodities as it continues to move toward full capacity in its steakhouse restaurants, company executives said Friday.

The Winter Park, Fla.-based fine-dining steakhouse brand, in a second-quarter analysts call, said its same-store sales were up 5% despite pandemic capacity restrictions during much of the period.

“Excluding the impact of Boston, Hawaii and Manhattan, comps were up 11.1%,” said Cheryl Henry, CEO and president of Ruth’s Hospitality. The six restaurants in those three markets are high-volume contributors to the company’s sales volume, making up about 10% of the company-owned restaurants’ sales, she...

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About the Author

Ron Ruggless

Senior Editor, Nation’s Restaurant News / Restaurant Hospitality

Ron Ruggless serves as a senior editor for Informa Connect’s Nation’s Restaurant News (NRN.com) and Restaurant Hospitality (Restaurant-Hospitality.com) online and print platforms. He joined NRN in 1992 after working 10 years in various roles at the Dallas Times Herald newspaper, including restaurant critic, assistant business editor, food editor and lifestyle editor. He also edited several printings of the Zagat Dining Guide for Dallas-Fort Worth, and his articles and photographs have appeared in Food & Wine, Food Network and Self magazines. 

Ron Ruggless’ areas of expertise include foodservice mergers, acquisitions, operations, supply chain, research and development and marketing. 

Ron Ruggless is a frequent moderator and panelist at industry events ranging from the Multi-Unit Foodservice Operators (MUFSO) conference to RestaurantSpaces, the Council of Hospitality and Restaurant Trainers, the National Restaurant Association’s Marketing Executives Group, local restaurant associations and the Horeca Professional Expo in Madrid, Spain.

Ron Ruggless’ experience:

Regional and Senior Editor, Informa Connect’s Nation’s Restaurant News and Restaurant Hospitality (1992 to present)

Features Editor – Dallas Times Herald (1989-1991)

Restaurant Critic and Food Editor – Dallas Times Herald (1987-1988)

Editing Roles – Dallas Times Herald (1982-1987)

Editing Roles – Charlotte (N.C.) Observer (1980-1982)

Editing Roles – Omaha (Neb.) World-Herald (1978-1980)

Email: [email protected]

Social media:

Twitter@RonRuggless

LinkedIn: www.linkedin.com/in/ronruggless

Instagram: @RonRuggless

TikTok: @RonRuggless

 

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