Ryan's Restaurant Group, Inc. Reports Sales Results for January 2005
08 February 2005 - 3:23AM
PR Newswire (US)
Ryan's Restaurant Group, Inc. Reports Sales Results for January
2005 GREER, S.C., Feb. 7 /PRNewswire-FirstCall/ -- Ryan's
Restaurant Group, Inc. (NASDAQ:RYAN) today reported sales results
for the 5-week period ending February 2, 2005 ("January").
Same-store sales for January decreased by 2.7%. Other details and
comments follow: (Unaudited) January 2005 Total sales (000's)
$73,870 Change from prior year -1% Average unit sales: Same stores
(open at least 18 mos.) -2.7% All stores (includes new units) -2.4%
At February 2, 2005, the Company owned and operated 342
restaurants. The Company's next accounting period consists of 4
weeks and ends on March 2, 2005. 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 31, 2003. DATASOURCE: Ryan's Restaurant Group CONTACT:
Fred T. Grant, Jr., Senior Vice President - Finance of Ryan's
Restaurant Group, Inc. Web site: http://www.ryansrg.com/
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