Ruth's Hospitality Group posts increase in 3Q sales, profit

Ruth's Hospitality Group posts increase in 3Q sales, profit

Company credits promotions such as happy hour at Ruth’s Chris Steak House

Growth in Ruth’s Chris Steak House’s happy hour program and other marketing efforts helped the high-end casual-dining operator post increases in third-quarter sales and profit, executives said Tuesday.

Winter Park, Fla.-based Ruth’s Hospitality Group Inc. on Tuesday reported net income of $802,000, or 2 cents per share, for the quarter ended Sept. 23, compared with $797,000 and zero cents per share in the same period last year. Revenues in the quarter were $84.

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