RUTHS HOSPITALITY GROUP, INC. (NASDAQ:RUTH) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition
On February 17, 2017, Ruth’s Hospitality Group, Inc. (the “Company”) issued a press release announcing its earnings results for its fiscal fourth quarter and fiscal year ended December 25, 2016. A copy of the press release is attached hereto as Exhibit 99.1 and furnished herewith.
The information in this Item 2.02 in this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information in this Item 2.02 of this Current Report on Form 8-K shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 7.01. Regulation FD Disclosure
On February 17, 2017, the Company announced that its Board of Directors has approved the declaration of a quarterly cash dividend of $0.09 per share, payable March 9, 2017, to all common shareholders of record as of the close of business on February 23, 2017.
A copy of the press release announcing the dividend is attached hereto as Exhibit 99.1 and furnished herewith.
Item 9.01. Financial Statements and Exhibits
Exhibit 99.1 Press Release issued by Ruth’s Hospitality Group, Inc., dated February 17, 2017.
About RUTH’S HOSPITALITY GROUP, INC. (NASDAQ:RUTH)
Ruth’s Hospitality Group, Inc. develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Company operates through two segments: the Company-owned steakhouse restaurant segment and the franchise operations segment. The Company’s Ruth’s Chris restaurants cater to special occasion diners and frequent customers, in addition to the business clientele. The Company-owned steakhouse restaurant segment includes approximately 150 Ruth’s Chris Steak House restaurants, including approximately 70 the Company-owned restaurants and a restaurant operating under a management agreement. The franchise operations segment includes over 80 franchisee-owned restaurants, including over 20 international franchisee-owned restaurants in Aruba, Canada, China, Hong Kong, El Salvador, Japan, Mexico, Panama, Singapore, Taiwan and the United Arab Emirates. RUTH’S HOSPITALITY GROUP, INC. (NASDAQ:RUTH) Recent Trading Information
RUTH’S HOSPITALITY GROUP, INC. (NASDAQ:RUTH) closed its last trading session down -0.25 at 17.55 with 498,993 shares trading hands.