Ruth’s Hospitality 2Q profit, sales fall

HEATHROW Fla. Ruth’s Hospitality Group Inc., parent company to the Ruth’s Chris Steak House and Mitchell’s Fish Market chains, posted Friday double-digit declines in both sales and profit for the second quarter.


For the quarter ended June 28, net income fell 16 percent to $2.3 million, or 10 cents per share, from year-ago earnings of $2.8 million, or 12 cents per share. Latest-quarter revenue fell 18 percent to $88.4 million.

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