Ruth’s Chris Reports Positive Q2 Comps

Ruth's Chris Steak House reports positive Q2 comps, with same-store sales increasing by 1.3% despite a .1% decrease in restaurant visits.

Read the original at 1851 Franchise
Ruth’s Chris Reports Positive Q2 Comps

TL;DR

Ruth's Chris Steak House reports positive Q2 comps with same-store sales increasing by 1.3% despite a .1% decrease in restaurant visits. Ruth's Hospitality Group Inc. announced the Q2 results on Cheryl Henry's first day as CEO.

Ruth’s Hospitality Group Inc., the parent company of Ruth’s Chris Steak House, announced Q2 results that saw same-store sales increase by 1.3 percent on Friday. A recent article in Nation’s Restaurant News said that despite a .1 percent decrease in restaurant visits, the brand experienced positive comps due to average check increases from Mother’s Day and Father’s Day holidays.

The good news for the high-end restaurant chain comes on Cheryl Henry’s official first day in the role of CEO. Her appointment was previously announced in June as former CEO Michael O’Donnell was named executive chairman of the franchise brand.

In this story

This story was originally published in 1851 Franchise on August 10, 2018. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

Liked this? Get the week's franchise news, explained

  • Sunday 8 AM ET weekly + a monthly deep dive
  • Sections picked for the industries you follow
  • Every claim linked to its source. Free.

Free. We'll ask you to confirm. Unsubscribe anytime.