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): January 4, 1999
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 January 4, 1999, 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,30, 1998 (referred to therein as the
month of December), which information is
incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
20.1 December sales information issued January 4, 1999.
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: January 4, 1999
RYAN'S FAMILY STEAK HOUSES, INC. REPORTS
DECEMBER AND FOURTH QUARTER SALES RESULTS
-----------------
GREER, SOUTH CAROLINA - - Ryan's Family Steak Houses, Inc.
(NASDAQ:RYAN) today announced that same-store sales for the
4-week period ended December 30, 1998 ("December") increased
by 3.6%. Same-store sales for the quarter ended December
30, 1998 increased by 4.0%. Details follow:
(Unaudited)
December 4th Quarter
1998 1998
Total sales (000's) $45,958 $153,889
Increase from prior year +7% +8%
Average unit sales:
Same stores (open at least 18 mos.)+3.6% +4.0%
All stores (all Ryan's units) +3.5% +3.7%
At December 30, 1998, the Company owned and operated 280
Ryan's restaurants.
Financial results for the fourth quarter and fiscal year
1998 are expected to be released on January 20, 1999. In
addition, the Company's next accounting period consists of 5
weeks, ending on February 3, 1999.
