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): December 3, 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 December 8, 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
4-week period ended December 3, 1997 (referred to therein as the month
of November), which information is incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
20.1 November sales information issued December 8, 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: December 8, 1997
RYAN'S FAMILY STEAK HOUSES, INC.
NOVEMBER SALES INFORMATION
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Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today announced that
same-store sales for the 4-week period ended December 3, 1997
("November") decreased by 1.4%. Details follow:
November 1997
(Unaudited)
Total sales $44,550,000
Increase from prior year +3%
Average unit sales:
Same-store (open at least 18 mos.) -1.4%
All-store (all Ryan's units) -2.3%
Management noted that the Company's average unit Thanksgiving Day 1997
sales were up 6.2% compared to Thanksgiving Day 1996, indicating that
the attractiveness of the Ryan's concept to customers continues to be
strong.
At December 3, 1997, the Company owned and operated 270 Ryan's. There
are no new store openings planned for December 1997. Current plans for
1998 call for 15 new Ryan's.
The Company's next accounting period consists of 4 weeks, ending on
December 31, 1997 (year-end).
