The company said total sales for fiscal 2024 Q3 quarter ended February 25, 2024 rose 6.8% from a year earlier to $3.0 billion, reflecting the addition of 79 company-owned Ruth's Chris Steak House restaurants, while same-restaurant sales decreased (1.0)%.

1. 01

   The company said total sales for fiscal 2024 Q3 quarter ended February 25, 2024 rose 6.8% from a year earlier to $3.0 billion, reflecting the addition of 79 company-owned Ruth's Chris Steak House restaurants, while same-restaurant sales decreased (1.0)%.

2. 02

   The company said diluted net earnings per share from continuing operations for Q3 were $2.60 ($2.34 in the same quarter last year). Excluding $0.02 in Ruth's Chris transaction and integration related costs, adjusted diluted net earnings per share from continuing operations were $2.62, up 12.0%.

3. 03

   The company said it declared a quarterly cash dividend of $1.31 per share, repurchased approximately $33 million of its common stock during the quarter, and approved a new share repurchase program of up to $1 billion with no expiration date.

4. 04

   The company said its full-year outlook for fiscal 2024 calls for total sales of approximately $11.4 billion, same-restaurant sales growth of 1.5% to 2.0%, and adjusted diluted net earnings per share from continuing operations of $8.80 to $8.90. These figures exclude approximately $0.35 in Ruth's Chris transaction and integration related costs.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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