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Ruths Hospitality Group Inc's Business Segments

Ruths Hospitality Group Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.

Segment Data As of Q1 FY2022
Reportable Segments
2
Per the company's own filing, this quarter
Largest Segment
Company Owned Steakhouse Restaurants
95.1% of revenue
Total Revenue
$ 137
Consolidated, this quarter
Countrys Reported
1
Geographic countrys, this quarter
API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/RUTH/segments
https://api.csimarket.com/api/v1/companies/RUTH/geographic
https://api.csimarket.com/api/v1/companies/RUTH/exposure
Programmatic access for models, analytics, and integration workflows.
Pull these exact ratios programmatically
Dataset & schema
https://api.csimarket.com/api/datasets/business_segments
https://api.csimarket.com/api/schema/business_segments
https://api.csimarket.com/api/meta/business_segments

Revenue Share by Reportable Segment - Q1 FY2022

95%largest
  • Company Owned Steakhouse Restaurants95.1%
  • Franchise Operations3.9%

Revenue by Reportable Segment - Q1 FY2022

SegmentPeriodRevenue
(Millions)
% of TotalOperating Income
Company Owned Steakhouse RestaurantsQ1 FY2022$ 13095.1%-
Franchise OperationsQ1 FY2022$ 53.9%-

Revenue Share by Country - Q1 FY2022

99%largest
  • US99.3%

Revenue by Geographic Country - Q1 FY2022

CountryPeriodRevenue
(Millions)
% of Total
USQ1 FY2022$ 13699.3%

Revenue by Product & Service Category - Q1 FY2022

94%largest
  • Restaurant Sales94.2%
  • Franchise3.9%
  • Service Other2%

Revenue by Product & Service Category - Q1 FY2022

CategoryPeriodRevenue
(Millions)
% of Total
Restaurant SalesQ1 FY2022$ 12994.2%
FranchiseQ1 FY2022$ 53.9%
Service OtherQ1 FY2022$ 32%

Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.

Description of Ruths Hospitality Group Inc

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.
Ruths Hospitality Group Inc. is a premier dining establishment distinguished for its upscale steakhouse ambiance. Central to its identity is the flagship brand, Ruths Chris Steak House, acclaimed for offering an exceptional dining experience centered around high-quality food and unparalleled service. The company operates across various segments, product lines, and services that cater to a diverse clientele ranging from casual diners to corporate clients and special event hosts.

Segments

1. Company-Owned Restaurants:
Ruths Hospitality Group Inc. directly manages and operates a portfolio of Ruths Chris Steak House locations across the United States and internationally. These company-owned restaurants embody the brands commitment to quality and service, ensuring that each location adheres to the companys high standards.

2. Franchise-Owned Restaurants:
In addition to its company-owned operations, Ruths Hospitality Group fosters brand growth through a franchise model. Independent operators are granted the rights to open and run their own Ruths Chris Steak House locations, allowing for brand expansion while ensuring that franchisees adhere to the brands quality and service benchmarks.

3. Catering Services:
Catering is another vital segment of Ruths Hospitality Group. The company provides catering services for a variety of events, including weddings, corporate functions, and other private gatherings. This service allows customers to enjoy the restaurants signature dishes in a setting of their choice, thus extending the brands reach beyond traditional dining.

Products

1. Steaks:
Steaks are the cornerstone of the menu at Ruths Chris Steak House. The restaurant is renowned for its commitment to prime-quality cuts of beef, seared to perfection and served sizzling on 500-degree plates. This includes a diverse selection, such as:
- Filet Mignon: Tender and buttery, regarded as one of the finest cuts.
- New York Strip: Known for its rich flavor and firm texture.
- Ribeye: Juicy and marbled for superior taste.
- Porterhouse: A generous cut that includes both filet and strip, perfect for sharing.

2. Seafood:
Complementing its steak offerings, Ruth’s Chris features a selection of fresh seafood options, catering to patrons who may prefer lighter meals or a surf-and-turf experience. Notable seafood offerings include:
- Lobster Tails: Succulent and rich, often served grilled or butter-poached.
- Grilled Shrimp: Marinated and grilled, providing a flavorful option.
- Salmon: Freshly prepared and often paired with various sauces.

3. Sides and Vegetables:
The side dishes at Ruths Chris are designed to enhance the main courses and include:
- Mashed Potatoes: Creamy and rich, a classic accompaniment.
- Creamed Spinach: A signature side that complements the steaks well.
- Fresh Asparagus: Lightly cooked to maintain freshness and nutrient value.
- Salads: Including Caesar and house salads, featuring fresh ingredients.

4. Desserts:
To conclude the dining experience, Ruths Chris offers a selection of decadent desserts, with a highlight being:
- Bread Pudding with Whiskey Sauce: A signature dish that has gained a loyal following for its rich flavor and comforting texture.

Services

1. Private Dining:
Ruths Chris Steak House is equipped with private dining spaces that can accommodate various group sizes. These intimate settings are ideal for special occasions such as anniversaries, corporate meetings, or family gatherings, offering a personalized dining experience.

2. Wine Selection:
The wine program at Ruths Chris is extensive, featuring an impressive collection of fine wines from around the world. Certified sommeliers are available to assist guests in selecting the perfect wine to complement their meals, enhancing the overall dining experience.

3. Events:
Ruths Chris often hosts a variety of events, including wine tastings, special steak dinners, and culinary showcases. These events serve to engage patrons with the brand, introducing them to new flavors and dining experiences.

4. Takeout and Delivery:
Recognizing the changing dining landscape, Ruths Chris provides takeout and delivery services, allowing customers to enjoy their favorite meals from the comfort of home. This service offers convenience while maintaining the quality and presentation that the brand is known for.

In summary, Ruths Hospitality Group Inc. artfully combines an upscale dining experience with diverse segments, an impressive array of products, and comprehensive services that cater to the needs of its clientele. The focus on high-quality food, exceptional service, and memorable dining experiences positions Ruths Chris Steak House as a leader in the premium steakhouse category.