Ruth’s Chris tempers its financial expectations

HEATHROW Fla. Citing a difficult economic environment, Ruth's Chris Steak House Inc. lowered its earnings guidance for 2007 and tempered expectations for 2008. It also said Thursday that it does not foresee a significant turnaround for the restaurant industry until at least the second half of next year.

The company said Thursday it now expects earnings to total between 79 cents per share and 81 cents per share, compared with its prior expectations of per-share

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