Ruth’s 3Q net rises, company to focus on value

A Heard on the Call report following 3Q earnings

Ruth’s Hospitality Group will continue to focus on value through the promotion of its fixed-price meals and a new cable TV advertising campaign for Ruth’s Chris Steak House, officials said in an earnings call Wednesday.

Net income for the company, which also operates the Mitchell’s Fish Market chain, rose to $85,000, or zero cents per share for the third quarter ended Sept. 25, compared with a net loss of $477,000, or a 1 cent per-share loss, a year earlier.

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