| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
32 |
| Employees |
5,300 |
| Revenues (TTM) (Millions $) |
517 |
| Net Income (TTM) (Millions $) |
40 |
| Cash Flow (TTM) (Millions $) |
-51 |
| Capital Exp. (TTM) (Millions $) |
45 |
Business Description
Ruth's Hospitality Group Inc is a publicly-traded company that owns and operates restaurants under the brand name Ruth's Chris Steak House. The company is headquartered in Winter Park, Florida, and was founded in 1965 by Ruth Fertel. It currently operates over 150 restaurants across the world, with a focus on high-end steaks and fine dining experiences.
The company has a strong commitment to its brand and values, which include a focus on quality, service, and exceptional dining experiences. The essence of Ruth's Chris Steak House lies in its commitment to quality ingredients and bold flavors, coupled with exceptional service and an intimate, formal atmosphere. The restaurant's menu features a range of USDA prime beef cuts, as well as seafood, chicken, and a variety of sides and desserts.
Ruth's Hospitality Group Inc's business model is largely based on franchising. The company has a network of franchise owners that own and operate the majority of its restaurants. However, it also owns and operates a number of company-owned restaurants, including those located in key markets like New York and Las Vegas.
The company has a strong track record of financial performance, with a focus on driving revenue growth through new restaurant openings and increasing same-store sales. In FY2019, Ruth's Hospitality Group Inc reported revenues of $469.8 million, with an operating income of $52.2 million. The company continues to invest in its growth strategy, with a plan to add new restaurants in underpenetrated markets and implement new marketing and brand initiatives to enhance customer engagement.
In addition to its financial performance, Ruth's Hospitality Group Inc is also recognized for its corporate social responsibility initiatives. The company has a strong commitment to sustainability and community engagement, with a range of programs and partnerships that focus on reducing waste, supporting local communities, and promoting environmental stewardship.
Overall, Ruth's Hospitality Group Inc is a leading player in the high-end restaurant market. With a strong brand, committed franchise owners and company leadership, and a focus on delivering exceptional dining experiences, the company is well-positioned for continued growth and success in the years to come.
Company Address: 1030 W. Canton Avenue, Suite 100 Winter Park 32789 FL
Company Phone Number: 333-7440 Stock Exchange / Ticker: NASDAQ RUTH
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