Ruth's Hospitality Group

Ruth's Hospitality Group, Inc. engages in the development and operation of fine dining restaurants. It operates through the following segments: Company Owned Steakhouse Restaurants and Franchise Operations. The Company-Owned Steakhouse Restaurants segment operates restaurants under the Ruth's Chris Steak House brand. The Franchise Operations segment includes franchisee-owned Ruth's Chris Steak House restaurants. The company was founded by Ruth Fertel in 1965 and is headquartered in Winter Park, FL.

Earnings data Q1 2024

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Ruth's Hospitality Group, Inc. engages in the development and operation of fine dining restaurants. It operates through the Company Owned Steakhouse Restaurants and Franchise Operations segments. The Company-Owned Steakhouse Restaurants segment operates restaurants under the Ruth's Chris Steak House brand. The Franchise Operations segment includes franchisee-owned Ruth's Chris Steak House restaurants. The company was founded by Ruth Fertel in 1965 and is headquartered in Orlando, FL.

Darden Restaurants

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Ruth's Hospitality Group, Inc. (NasdaqGS: RUTH) to Darden Restaurants, Inc. (NYSE: DRI). Under the terms of the proposed transaction, shareholders of Ruth's will receive $21.50 in cash for each share of Ruth's that they own. KSF is seeking to determine whether this consideration and the process that led to it.

RUTH'S HOSPITALITY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Ruth's Hospitality Group, Inc. - RUTH

NEW YORK , May 4, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Ruth's Hospitality Group, Inc. (NASDAQ: RUTH), in connection with its acquisition via tender offer by Darden Restaurants, Inc. (NASDAQ: DRI). Under the merger agreement, RUTH shareholders will receive $21.50 cash per share.

SHAREHOLDER ALERT: Weiss Law Investigates Ruth's Hospitality Group, Inc.

Darden Restaurants believes that fine-dining restaurants' sales growth will outpace that of casual-dining eateries through 2026.

Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth's Chris deal

ORLANDO, Fla., May 3, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ("Ruth's") (Nasdaq:RUTH) announced earlier today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million.

Darden Restaurants and Ruth's Hospitality Group Provide Updated Call Information for Thursday, May 4, 2023 Conference Call

Ruth's Hospitality stock is now trading within 1% of Darden's all-cash offer, which has already been approved by both companies' boards. Darden management will host a conference call for shareholders Thursday to elaborate on why it wants to acquire Ruth's Hospitality.

Ruth's Hospitality Stock Soared Today on Darden Restaurants Buyout Deal

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Restaurant Stocks: Ruth's Soars 33% On Buyout; Wingstop Extends Breakout

Shares of Ruth's Hospitality Group Inc (NASDAQ: RUTH) opened nearly 35% up on Wednesday after Darden Restaurants Inc (NYSE: DRI) said it will buy the owner of Ruth's Chris Steak Houses for $715 million. What's in it for Darden Restaurants?

Food stock Ruth's Hospitality opened 35% up today: what happened?

MILWAUKEE , May 3, 2023 /PRNewswire/ -- Ademi LLP is investigating Ruth's (NASDAQ: RUTH) for possible breaches of fiduciary duty and other violations of law in its transaction with Darden.  Click here to learn how to join the action https://www.ademilaw.com/case/ruths-hospitality-group-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Ruth's Hospitality Group, Inc. has obtained a Fair Price in its transaction with Darden

Ruth's Hospitality Group (NASDAQ: RUTH ) stock is taking off on Wednesday following news that Darden Restaurants (NYSE: DRI ) is acquiring the company. Darden Restaurants will pay a total of $715 million to acquire Ruth's Hospitality Group.

RUTH Stock Alert: The $715 Million Reason Ruth's Hospitality Group Is Up Today

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Ruth's Hospitality Group, Inc. (NASDAQ: RUTH) to Darden Restaurants, Inc. for $21.50 per share in cash is fair to Ruth's Hospitality shareholders. Halper Sadeh encourages Ruth's Hospitality shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The inv.

RUTH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Ruth's Hospitality Group, Inc. Is Fair to Shareholders

Ruth's Chris Steak House has more than 150 locations worldwide and generated $505.9 million in revenue in 2022.

Olive Garden owner Darden Restaurants buys Ruth's Chris Steak House for $715 million

Olive Garden parent Darden Restaurants Inc. DRI said Wednesday it's acquiring Ruth's Hospitality Group Inc. RUTH, owner of Ruth's Chris Steak House, in an all-cash deal valued at $715 million. Under the terms of the deal, Darden will pay $21.50 a share for each Ruth's share owned, equal to a 34% premium over its closing price on Tuesday and a 32% premium over its 30-day volume weighted average price.

Olive Garden parent Darden to acquire Ruth's Chris Steak owner for $715 million in cash

ORLANDO, Fla. , May 3, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ("Ruth's") (Nasdaq: RUTH), jointly announced today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million.

Darden Restaurants to Acquire Ruth's Hospitality Group in $715 Million Transaction

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Here is how Ruth's Hospitality (RUTH) and Ulta Beauty (ULTA) have performed compared to their sector so far this year.

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WINTER PARK, Fla.--(BUSINESS WIRE)--Ruth's Hospitality Group, Inc. (Nasdaq: RUTH) today announced that it will host a conference call to discuss first quarter 2023 financial results on Friday, May 5, 2023 at 8:30 AM Eastern Time. A press release with first quarter 2023 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470.

Ruth's Hospitality Group, Inc. to Announce First Quarter 2023 Financial Results on May 5, 2023

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Restaurant stocks across the spectrum defy inflation and darkening economic clouds to produce results and deliver value for shareholders, offering value and high yield. Among them are Texas Roadhouse Inc. (NYSE: TXRH), Darden Restaurants Inc. (NYSE: DRI), Ruth's Hospitality Group Inc. (NASDAQ: RUTH) and Bloomin' Brands Inc. (NASDAQ: BLMN), which have all reported solid quarters and given positive guidance for the year.

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Ruth's Hospitality Group (NASDAQ: RUTH) offers investors more opportunities than 1. On top of the recovery and growth story, there is the stock's valuation.

Ruth's Hospitality Group: A Tasty Small Cap For Income

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Mike Hynes - Vice President-Finance & Accounting Cheryl Henry - President, Chief Executive Officer & Chairwoman Kristy Chipman - Chief Financial Officer & Chief Operating Officer Conference Call Participants Brian Vaccaro - Raymond James Todd Brooks - The Benchmark Company Andy Barish - Jefferies Operator Good morning, ladies and gentlemen. Welcome to today's Ruth's Hospitality Group Fourth Quarter 2022 Earnings Conference Call.

Ruth's Hospitality Group, Inc. (RUTH) Q4 2022 Earnings Call Transcript

Ruth's Hospitality (RUTH) delivered earnings and revenue surprises of 18.75% and 1.62%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Ruth's Hospitality (RUTH) Beats Q4 Earnings and Revenue Estimates

WINTER PARK, Fla.--(BUSINESS WIRE)--Ruth's Hospitality Group, Inc. (the “Company”) (Nasdaq: RUTH) today reported financial results for its fourth quarter and fiscal year ended December 25, 2022 and provided a business update. Fourth Quarter Highlights Total restaurant sales in the fourth quarter increased 9.6% compared to 2021 driven by comparable sales growth of 4.5% and incremental sales from six new restaurants that opened over the last 12 months. Comparable sales increased 5.

Ruth's Hospitality Group, Inc. Reports Fourth Quarter 2022 Financial Results

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Ruth's Hospitality (RUTH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ruth's Hospitality (RUTH) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

WINTER PARK, Fla.--(BUSINESS WIRE)--Ruth's Hospitality Group, Inc. (Nasdaq: RUTH) today announced that it will host a conference call to discuss fourth quarter and full year 2022 financial results on Thursday, February 23, 2023 at 8:30 AM Eastern Time. A press release with fourth quarter and full year 2022 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470.

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