Ryans Restaurant (NASDAQ:RYAN)
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GREER, S.C., Nov. 7 /PRNewswire-FirstCall/ -- Ryan's Restaurant Group, Inc. (NASDAQ:RYAN) today reported sales results for the 5-week period ending November 2, 2005 ("October"). Same-store sales for October increased by 1.4%. Other details and comments follow:
(Unaudited)
October
2005
Total sales (000's) $76,300
Change from prior year +1%
Average unit sales:
Same stores (open at least 18 mos.) +1.4%
All stores (includes new units) +2.1%
At November 2, 2005, the Company owned and operated 341 restaurants, including 3 locations that continue to be closed due to damages from Hurricane Katrina.
The Company's next accounting period consists of 4 weeks and ends on November 30, 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 29, 2004.
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.ryansrg.com/