|From: jack2000man (Rep: 3)||Date: 2015-05-01 09:14:56|
|Forum: Ruth's Chris Steak House - Thread #673749289||Msg #214 - Part 1/1 (Rec: 0) |
|Ruth Chris Steak House RUTH 14 – Great news. Q1 earnings rose 25% ex items to 0.31 by far the best quarter in company history on a 2% same restaurant sales rise. Debt plunged and they are nearly debt free for the first time in company history. The expansion continues and they will add a net 5 new restaurants this year and end with about 146. They raised the dividend by 20% to currently yield 1.5%. I am raising my sell target to 18.|
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