Ryan's Restaurant Group, Inc. Reports Sales Results for August 2006
05 Setembro 2006 - 12:29PM
PR Newswire (US)
GREER, S.C., Sept. 5 /PRNewswire-FirstCall/ -- Ryan's Restaurant
Group, Inc. (NASDAQ:RYAN) today reported sales results for the
4-week period ended August 30, 2006 ("August"). Average weekly
sales for all stores decreased by 1.3% for the month, and
same-store sales for the month decreased by 2.7%. Other details and
comments follow: (Unaudited) August 2006 Total sales (000's)
$59,200 Change from prior year -5% Average weekly sales (all Ryan's
units) -1.3% Same-store sales (open at least 18 mos.) -2.7%
Management noted that August's average weekly and same-store sales
changes were improved from July 2006's year-over-year changes of
-3.4% and -4.2%, respectively, and attributes this improvement to
the drop in gasoline prices during August. At August 30, 2006, the
Company owned and operated 333 restaurants. The Company's next
accounting period consists of 4 weeks, ending on September 27,
2006. Forward-Looking Information: In accordance with the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995, the Company cautions that the statements in this press
release that are forward- looking involve risks and uncertainties
that may impact the Company's actual results of operations. For a
more thorough discussion of these risks, uncertainties and other
factors, please refer to the Company's Annual Report on Form 10-K
for the fiscal year ended December 28, 2005. DATASOURCE: Ryan's
Restaurant Group, Inc. CONTACT: Fred T. Grant, Jr., Senior Vice
President of Ryan's Restaurant Group, Inc., +1-864-879-1000 Web
site: http://www.ryansrg.com/
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