SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event report): November 10, 1997
RYAN'S FAMILY STEAK HOUSES, INC.
(Exact name of registrant as specified in its charter)
South Carolina 0-10943 57-0657895
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
405 Lancaster Avenue (29650)
Post Office Box 100
Greer, SC 29652
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (864) 879-1000
(No change)
(Former name or former address, if changed since last report)
Item 5. Other Events.
On November 10, 1997, Ryan's Family Steak Houses, Inc. (the "Company")
released to both sell-side and buy-side analysts on the Company's
internal facsimile list information on restaurant sales results for the
5-week period ended November 5, 1997 (referred to therein as the month
of July), which information is incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
20.1 October sales information issued November 10, 1997
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
RYAN'S FAMILY STEAK HOUSES, INC.
(Registrant)
By: /s/Fred T. Grant, Jr.
Name: Fred T. Grant, Jr.
Title: Vice President-Finance
Date: November 10, 1997
Exhibit 20.1
RYANS FAMILY STEAK HOUSES, INC.
OCTOBER SALES INFORMATION
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Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today announced that
same-store sales for the 5-week period ended November 5, 1997
(October) decreased by 1.7%. Details follow:
October 1997
(Unaudited)
Total sales $55,520,000
Increase from prior year +3%
Average unit sales:
Same-store (open at least 18 mos.) -1.7%
All-store (all Ryan's units) -2.3%
At November 5, 1997, the Company owned and operated 268 Ryan's. The
Company plans to open two (2) new Ryan's during the remainder of 1997,
both in November. Current plans for 1998 call for 15 new Ryan's.
The Company's next accounting period consists of 4 weeks, ending on
December 3, 1997.
