Ryan's Restaurant Group, Inc. Reports Sales Results for October 2004
06 November 2004 - 1:43AM
PR Newswire (US)
Ryan's Restaurant Group, Inc. Reports Sales Results for October
2004 GREER, S.C., Nov. 5 /PRNewswire-FirstCall/ -- Ryan's
Restaurant Group, Inc. (NASDAQ:RYAN) today reported sales results
for the 5-week period ending November 3, 2004 ("October").
Same-store sales for October decreased by 4.5%. Other details and
comments follow: (Unaudited) October 2004 Total sales (000's)
$75,380 Change from prior year -2% Average unit sales: Same stores
(open at least 18 mos.) -4.5% All stores (all Ryan's units) -4.2%
At November 3, 2004, the Company owned and operated 339
restaurants. The Company's next accounting period consists of 4
weeks, ending on December 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 CONTACT:
Fred T. Grant, Jr., Senior Vice President - Finance of Ryan's
Restaurant Group, +1-864-879-1000 Web site:
http://www.ryansinc.com/
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