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Ruth's Chris

Financing

Ruth’s Chris to close its Times Square location

The steak chain's longtime Manhattan outpost has been hurt by the slow return of office workers.

Marketing

Fine dining may not be immune to inflation pressures after all

In New York, one restaurant promotes ‘bargain’ pricing with a $99 porterhouse for two. Will we see more value positioning in high-end restaurants?

Earnings Roundup: Chuy's sales hurt by the Texas heat and Fat Brands looks for more acquisition targets.

Sales are up, but inflation and supply chain issues continue to cause stress for smaller, publicly traded restaurant chains.

The steakhouse chain is ramping up development with plans to open five to seven new locations a year.

Chipman, who joined the steakhouse chain in 2020, is also executive vice president and chief accounting officer. Ruth's also hired Robert Miles as VP of development.

Not even Jeopardy’s best might have nailed the surprising answer.

The upscale steak chain’s same-store sales have been up over 2019 so far this quarter as consumers returned to in-restaurant dining.

A quick look at how small-cap restaurant companies are faring.

Same-store sales improved as the chain was able to reopen more dining rooms, but were still down 36% in the third quarter.

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