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RYAN Ryans Restaurant

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Share Name Share Symbol Market Type
Ryans Restaurant NASDAQ:RYAN NASDAQ Common Stock
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  0.00 0.00% 0 -

Ryan's Restaurant Group, Inc. Reports Sales Results for January 2006

03/02/2006 8:02pm

PR Newswire (US)


Ryans Restaurant (NASDAQ:RYAN)
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GREER, S.C., Feb. 3 /PRNewswire-FirstCall/ -- Ryan's Restaurant Group, Inc. (NASDAQ:RYAN) today reported sales results for the 5-week period ended February 1, 2006 ("January"). Same-store sales for January increased by 4.8%. Other details and comments follow: (Unaudited) January 2006 Total sales (000's) $78,100 Change from prior year +6% Average unit sales: Same stores (open at least 18 mos.) +4.8% All stores (all Ryan's units) +6.6% Management noted that all-store average unit sales in January were at a record high for historical January sales. However, 2006's sales comparisons were favorably impacted by severe winter weather during the last two weeks of January 2005. Same-store sales for the last two weeks of January 2006 increased by almost 10%. For the first three weeks of January 2006, same- store sales were positive each week, aggregating +1.5% for the period. At February 1, 2006, the Company owned and operated 338 restaurants. The Company's next accounting period consists of 4 weeks, ending on March 1, 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 29, 2004. First Call Analyst: FCMN Contact: 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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