Ryan's Restaurant Group, Inc. Reports Sales Results for April 2006
10 May 2006 - 1:05AM
PR Newswire (US)
GREER, S.C., May 9 /PRNewswire-FirstCall/ -- Ryan's Restaurant
Group, Inc. (NASDAQ:RYAN) today reported sales results for the
5-week period ended May 3, 2006 ("April"). Same-store sales for
April decreased by 0.4%. Other details and comments follow:
(Unaudited) April 2006 Total sales (000's) $80,300 Change from
prior year -2% Same-store sales (open at least 18 mos.) -0.4%
Average weekly sales (all Ryan's units) +1.0% Management attributes
April's softer sales results to the increase in gasoline prices
during the month and the surrounding media coverage. At May 3,
2006, the Company owned and operated 336 restaurants. The Company's
next accounting period consists of 4 weeks, ending on May 31, 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 - Finance of Ryan's Restaurant Group, Inc.,
+1-864-879-1000 Web site: http://www.ryansrg.com/
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