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): September
8, 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 September 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
September 3, 1997 (referred to therein as the month of
August), which information is incorporated herein by
reference.
Item 7. Financial Statements and
Exhibits.
(c) Exhibits
20.1 August sales information issued September 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: September 8, 1997
RYAN'S FAMILY STEAK HOUSES, INC.
AUGUST SALES INFORMATION
-----------------
Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today
announced that same-store sales for the 4-week period ended
September 3, 1997 ("August") decreased by 1.7%. Details
follow:
August 1997
(Unaudited)
Total sales $48,010,000
Increase from prior year +6%
Average unit sales:
Same-store (open at least 18 mos.) -1.7%
All-store (all Ryan's units) -2.0%
At September 3, 1997, the Company owned and operated 268
Ryan's. The Company plans to open two (2) new Ryan's during
the remainder of 1997, one in October and one in November.
Current plans for 1998 call for 15 new Ryan's.
The Company's next accounting period consists of 4 weeks,
ending on October 1, 1997.