Ryans Restaurant (NASDAQ:RYAN)
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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/