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COMPANY BENCHMARKING • UNITED STATES

Ruth’s Hospitality Group, Inc. - Company Profile

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Ruth’s Hospitality Group, Inc. - Overview

Brands
Ruth's Chris Steakhouse
Description
Ruth’s Hospitality is a public company headquartered in Florida with an estimated 4,527 employees. In the US, the company has a notable market share in at least one industry: Premium Steak Restaurants, where they account for an estimated 5.2% of total industry revenue.
Company Details

Registered Name: Ruth’s Hospitality Group, Inc.

Company Type: Operating

Exchange: Nasdaq

Headquarters: 1030 W. Canton Avenue Suite 100 Winter Park FL 32789

Employees: 4527

Ruth’s Hospitality Group, Inc. - Operating Industries and Main Competitors

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Ruth’s Hospitality Group, Inc. - Products and Services

  • Premium Steak Restaurants in the US

    • Of the 4 core revenue-generating products and services in the Premium Steak Restaurants in the US industry, Ruth’s Hospitality Group, Inc. offers:
    • Classic steak restaurants
    • Other premium steak restaurants
    • Premium Brazilian steak restaurants
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Ruth’s Hospitality Group, Inc. - Analyst Insights

Ruth’s acquires restaurants from former franchisees

There were 150 Ruth’s Chris Steak House (Ruth’s Chris) restaurants at the end of 2021, including 73 company-owned establishments and 74 franchisee-owned locations. Ruth's has sought to increase its revenue generated from company-owned establishments by repurchasing formerly franchised restaurants. For example, the company acquired substantially all of the assets of three franchisee-owned locations for $18.6 million in 2019. The company also acquired six other franchise-owned locations in Hawaii for $35.4 million in 2017. Repurchases grant the company more control over domestic operations, while franchise agreements enable the company to penetrate international markets without additional direct capital investment from the group.

Structural


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Ruth’s Hospitality Group, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Ruth’s Hospitality Group, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Premium Steak Restaurants in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Ruth’s Hospitality Group, Inc. - Financial Statements & Ratios

pie_chartRuth’s Hospitality Group, Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue429.1277.7468.0452.3414.8385.9
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartRuth’s Hospitality Group, Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents92.195.45.65.14.13.8
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartRuth’s Hospitality Group, Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income42.3-25.342.241.730.130.5
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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