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Stock impact report

Ruth’s Hospitality Group, Inc. Provides Business Update Related to COVID-19 and Reports Second Quarter 2020 Financial Results

Ruths Hospitality, Inc (RUTH)  More Company Research Source: Business Wire
Last ruths hospitality, inc earnings: 2/21 07:00 am Check Earnings Report
PDF WINTER PARK, Fla.--(BUSINESS WIRE)--Ruth’s Hospitality Group, Inc. (the “Company”) (NASDAQ: RUTH) today provided a business update on the impact of the COVID-19 pandemic and reported unaudited financial results for its second quarter ended June 28, 2020.COVID-19 Business Update:During the second quarter of 2020, the COVID-19 pandemic continued to impact overall sales and traffic. As previously reported, Company-operated Ruth’s Chris dining rooms were closed in all domestic U.S. locations during April, and the Company transitioned its services to take-out and delivery operations in 69% of its restaurants (56 of 81 locations). By the end of June, the Company was able to re-open 88% (71 of 81) of its restaurants, which included opening dining rooms in 59 capacity restricted locations. The re-opening of the Company’s dining rooms was the primary contributor to the rapid sales acceleration in June.The 24 Company restaurants that operated with open dining rooms for the full month of Jun [Read more]
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