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TripAdvisor Reveals Diners' Favorite Restaurants with 2019 Travelers' Choice Awards

TripAdvisor, the world's largest travel platform, today announced the winners of its annual Travelers' Choice Awards for Restaurants. Based on a full year of TripAdvisor reviews, these restaurants were consistently given high ratings and praise by diners across the globe.

This year, the awards recognize 584 total restaurants globally and 75 U.S. restaurants in the categories of Fine Dining, Everyday Dining and Fast Casual. Award winners were determined by factoring in the quantity and quality of reviews, gathered over a 12-month period. Daniel in New York City has been awarded the top U.S. Fine Dining spot this year, reclaiming...

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Oct 23 9:55 AM, General News



Ruth’s Hospitality Group Reports Second Quarter 2019 Financial Results

Ruth’s Hospitality Group, Inc. (the “Company”) (NASDAQ: RUTH) today reported unaudited financial results for its second quarter ended June 30, 2019.

Highlights for the second quarter of 2019 were as follows:

  • Restaurant sales in the second quarter of 2019 increased 0.5% to $104.0 million compared to $103.5 million in the second quarter of 2018. Average unit weekly sales were $102.6 thousand in the second quarter of 2019, a decrease of 0.8% compared to $103.4 thousand in the second quarter of 2018.
  • Net income in the second quarter of 2019 was $9.3 million, or $0.31 per diluted share, compared to net income of $9.6 million, or $0.32 per diluted share, in the second quarter of 2018.

Net income in the second quarter of 2019 included $71 thousand in acquisition-related expenses associated with...

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Aug 2 9:14 AM, General News


Ruth’s Hospitality Group, Inc. Reports First Quarter 2019 Financial Results

Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) today reported unaudited financial results for its first quarter ended March 31, 2019.

Highlights for the first quarter of 2019 were as follows:

  • Restaurant sales in the first quarter of 2019 increased 2.4% to $113.0 million compared to $110.4 million in the first quarter of 2018. Average unit weekly sales were $111.4 thousand in the first quarter of 2019, an increase of 1.1% compared to $110.3 thousand in the first quarter of 2018.
  • Net income in the first quarter of 2019 was $13.9 million, or $0.47 per diluted share, compared to net income of $13.6 million, or $0.45 per diluted share, in the first quarter of 2018...
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May 6 8:51 AM, General News


Ruth’s Hospitality Group, Inc. Reports Fourth Quarter and Full Year 2018 Financial Results

Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) today reported unaudited financial results for its 13-week fourth quarter and 52-week full year ended December 30, 2018.

Highlights for the 13-week fourth quarter of 2018 compared to the 14-week fourth quarter of 2017 were as follows:

  • Restaurant sales in the 13-week fourth quarter of 2018 increased 2.3% to $120.0 million compared to $117.4 million in the 14-week fourth quarter of 2017. Average unit weekly sales were $117.8 thousand in the fourth quarter of 2018, an increase of 0.4% compared to $117.4 thousand in the fourth quarter of 2017.
  • Net income in the fourth quarter of 2018 was $14.9 million, or $0.49 per diluted share, compared to net income of $9.6 million, or $0.31 per diluted share, in the fourth quarter of 2017.
  • Net income in the fourth quarter of 2018 included $0.3 million in acquisition-related expenses associated with the acquisition of the six restaurants from ...
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Feb 22 4:18 PM, General News


Foodservice Celebrates Valentine’s Day with Charming Limited Time Offers 

Whether consumers are celebrating Valentine’s Day with a significant other, family, friends, coworkers, or plan to splurge on oneself, foodservice is providing exclusive limited time offers for those celebrating.

According to research from the National Restaurant Association, more than 30% of consumers will celebrate the holiday by dining out with their loved ones on February 14th, and since Valentine's Day falls on a Thursday this year, consumers will be celebrating their love well into the weekend. While the National Retail Federation reports that fewer consumers are celebrating the holiday this year, those that do are spending more than ever before. Therefore, it comes as no surprise that foodservice operators are looking to entice consumers during this commercial holiday to earn a cut of the record amount of spending expected to take place this year...

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Feb 13 8:35 AM, Urner Barry


TripAdvisor Reveals the Top Restaurant Chains in America for 2019

Eddie V's Prime Seafood, The Capital Grille and Ruth's Chris Steak House Best Reviewed Small, Medium and Large Chains in the U.S.

TripAdvisor today announced a new ranking revealing the top restaurant chains in the U.S. for 2019 based on millions of reviews and opinions from TripAdvisor diners. In this first-ever list, TripAdvisor highlights 30 restaurant chains of all types – inclusive of fine dining, casual dining, quick service and fast casual. Honorees are organized into three categories based on the number of property locations listed on TripAdvisor: small, medium and large.

Rankings for each restaurant chain were determined using an algorithm that took into account the quality, quantity and recency of reviews from all of a chain's property locations that were listed on TripAdvisor during a 12-month period ...

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Dec 20 8:22 AM, General News


Ruth’s Hospitality Group, Inc. Reports Third Quarter 2018 Financial Results

Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) today reported unaudited financial results for its third quarter ended September 30, 2018.

Highlights for the third quarter of 2018 were as follows:

  • Restaurant sales in the third quarter of 2018 increased 17.7% to $93.5 million compared to $79.4 million in the third quarter of 2017.
  • Net income in the third quarter of 2018 was $3.6 million, or $0.12 per diluted share, compared to net income of $1.7 million, or $0.05 per diluted share, in the third quarter of 2017.
  • Income from continuing operations in the third quarter of 2018 was $3.6 million, or $0.12 per diluted share, compared to income from continuing operations of $1.8 million, or $0.06 per diluted share, in the third quarter of 2017.
  • Net income in the third quarter of 2018 included...
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Nov 5 9:16 AM, General News




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