RYANS FAMILY STEAKHOUSES INC
8-K, 1999-09-07
EATING PLACES
Previous: PRAB INC, 10QSB, 1999-09-07
Next: GATX CAPITAL CORP, 424B2, 1999-09-07



               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 7,
                              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 September 7, 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 September 1, 1999
(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 7, 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:  September 7, 1999



              RYAN'S FAMILY STEAK HOUSES, INC.
              REPORTS AUGUST SALES INFORMATION

                      -----------------

Ryan's   Family  Steak  Houses,  Inc.  (NASDAQ:RYAN)   today
announced that same-store sales for the 4-week period  ended
September  1,  1999 ("August") increased by  2.6%.   Details
follow:

                                      August 1999
                                      (Unaudited)

  Total sales                       $52,800,000
  Increase from prior year                  +5%

  Average unit sales:
  Same-store (open at least 18 mos.)      +2.6%
  All-store (all Ryan's units)            +3.4%

Management was pleased with August's sales performance given
the  prior year's strong sales comparison and noted that the
Company's same-store sales have been positive for 18 out  of
the last 20 months.

At  September  1, 1999, the Company owned and  operated  283
Ryan's.

The  Company's next accounting period consists of  4  weeks,
ending on September 29, 1999.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission