Ruth’s Chris same-store sales rise in 3Q

Ruth’s Chris same-store sales rise in 3Q

Comparable sales rose 4.2% at company-owned units, 1.4% at franchised units

Ruth’s Hospitality Group Inc. on Friday reported profit rose 260 percent for the Sept. 29-ended third quarter, lifted from the prior year on a $1.3 million after-tax benefit from two insurance settlements and higher sales at its steakhouses. The Winter Park, Fla.-based company has more than 150 company- and franchise-owned restaurants under the Ruth’s Chris Steak House, Mitchell’s Fish Market, Mitchell’s Steakhouse and Cameron’s Steakhouse brands.

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