Ruth's Hospitality Group 1Q sales, traffic rise

Ruth's Hospitality Group 1Q sales, traffic rise

Company continues to focus on increasing traffic to mitigate rising beef prices

Ruth’s Hospitality Group Inc. on Friday reported same-store sales growth in the first quarter of 2013, but executives remain cautious as the company continues to face rising beef prices.

Same-stores sales increased 6.6 percent at the group’s 63 company-owned Ruth’s Chris Steak House restaurants during the March 31-ended first quarter, marking its 12th consecutive quarter of same-store sales growth. Sales were driven by a 2.9-percent increase in traffic an

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