Ryans Restaurant (NASDAQ:RYAN)
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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/