Profile: Ruth's Hospitality Group Inc (RUTH.O)
18 Jul 2019
Ruth's Hospitality Group, Inc., incorporated on May 11, 2005, develops and operates fine dining restaurants under the name, Ruth's Chris Steak House. The Company operates through two segments: the Company-owned steakhouse restaurants and Franchise operations. As of December 25, 2016, the Company-owned steakhouse restaurant segment included 68 Ruth's Chris Steak House restaurants and one Ruth's Chris Steak House restaurant operating, and the franchise operations segment included 81 franchisee-owned Ruth's Chris Steak House restaurants. Its Ruth's Chris restaurants cater to special occasion diners and frequent customers, in addition to the business clientele. As of December 25, 2016, it had 20 international franchisee-owned restaurants in Aruba, Canada, China, Hong Kong, Indonesia, Japan, Mexico, Panama, Singapore, Taiwan and the United Arab Emirates. The Company also operates Company-owned restaurant in Waltham, Massachusetts and one restaurant operating under a contractual agreement in Tulsa, Oklahoma.
The Company's restaurant's menu features a selection of Prime and Choice grade steaks, and other offerings. The Ruth's Chris menu also includes lamb chops, fish, shrimp, crab, chicken and lobster. The Company's Ruth's Chris restaurants offer 10 to 13 appetizer items, including Orleans-style barbequed shrimp, mushrooms stuffed with crabmeat, spicy shrimp, lobster bisque and osso bucco ravioli, as well as 6 to 8 different salads. It also offers a range of potatoes and vegetables as side dishes. For dessert, creme brulee, white chocolate bread pudding, cheesecake, fresh seasonal berries with sweet cream sauce and other selections are available. As of December 25, 2016, the Company's individual restaurants had supplemented their 250-bottle core wine list with approximately 20 additional selections. As of December 25, 2016, the Company's Ruth's Chris restaurants also offered approximately 30 wines-by-the-glass and various beers, liquors and alcoholic dessert drinks. The Company sells Ruth's Chris gift cards at its Ruth's Chris Steak House restaurants, including franchises and on its Website. Ruth's Chris patrons purchase gift cards for holidays, including Christmas, Hanukkah, Valentine's Day, Mothers' Day and Fathers' Day, and other special occasions.
The Company competes with Fleming's, The Capital Grille, Smith & Wollensky, The Palm, Del Frisco's Double Eagle Steakhouse, Fogo de Chao and Morton's The Steakhouse.
Ruth's Hospitality Group Inc
1030 W Canton Ave Ste 100
WINTER PARK FL 32789-3050