Ruth's Hospitality posts higher 2Q profit

Ruth’s Hospitality Group Inc. reported a 60-percent jump in second-quarter profit on positive same-store sales at its upscale brands.

The Heathrow, Fla.-based parent company of the Ruth’s Chris Steak House, reported net income of $3.7 million, or 9 cents per share for the June 27-ended quarter, compared with earnings of $2.3 million, or 10 cents per share, in the same quarter a year ago.

Revenue for the latest quarter grew about 3 percent to $89.0 million, compared w

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