Ruth

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The Heathrow, Fla.-based upscale restaurany chain (Nasdaq: RUTH), which file the shelf registration statementJune 25, now has the flexibilitgy to raise the money through the sale of according to a news The filing allows the company to quickly access the capitak markets through any combination of debt or other securities. Ruth’x Hospitality investor relations spokesman Raphael Grosw was unavailablefor comment. The companu in May reported an 18.5 perceng decline in company-owned, first-quarter same-restaurant coupled with a nearly 14 perceny drop in combined average weeklyy sales for the 22 restaurants acquiredx in February of 2008 fromCameron Mitchell’xs Restaurants LLC.
Company shares were tradinfg at $3.36 in the early hours of June 26, down slightl from the previous day’s close of $3.40. Ruth’s Hospitality, a leadiny restaurant company focused exclusively on the upscale dining owns more than150 company-owned and franchisedc restaurants, including , Mitchell’s Fish Mitchell’s Steakhouse and Cameron’s Steakhouse concepts. The Sacramento area has two Ruth'x Chris Steak Houses, one at Pavilionsx on Fair Oaks Boulevard and oneat Westfield's Galleria at Roseville.