Ruth's Chris Steak House (RUTH)

[robtewms]

Thanks for posting. This is probably on par with competitors in the industry. I have a theory that the majority if the people who frequent the higher end restaurant do so rather infrequently unless they are expensing their bill for business. Also, this sector takes a hit during times of economic instability. The converse is true too. While the net income was lower than longs hoped, it could have been negative by the same amount. Still holding RUTH for long-term growth prospects.