Ryan's Restaurant Group, Inc. Reports Sales Results for July 2004
07 August 2004 - 1:57AM
PR Newswire (US)
Ryan's Restaurant Group, Inc. Reports Sales Results for July 2004
GREER, S.C., Aug. 6 /PRNewswire-FirstCall/ -- Ryan's Restaurant
Group, Inc. (NASDAQ:RYAN) today reported sales results for the
5-week period ending August 4, 2004 ("July"). Same-store sales for
July decreased by 1.7%. Other details follow: (Unaudited) July 2004
Total sales (000's) $82,880 Change from prior year +1% Average unit
sales: Same stores (open at least 18 mos.) -1.7% All stores (all
Ryan's units) -1.8% At August 4, 2004, the Company owned and
operated 337 restaurants. The Company's next accounting period
consists of 4 weeks, ending on September 1, 2004. 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,
Inc. CONTACT: Fred T. Grant, Jr., Senior Vice President - Finance
of Ryan's Restaurant Group, Inc., +1-864-879-1000 Web site:
http://www.ryansinc.com/
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