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): June 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 June 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 June 2, 1999 (referred to therein as
the month of May), which information is incorporated herein by
reference.
Item 7.Financial Statements and Exhibits.
(c) Exhibits
20.1 May sales information issued June 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: June 7, 1999
RYAN'S FAMILY STEAK HOUSES, INC.
REPORTS MAY SALES INFORMATION
-----------------
Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today
announced that same-store sales for the 4-week period ended
June 2, 1999 ("May") increased by 2.9%. Details follow:
May 1999
(Unaudited)
Total sales $54,060,000
Increase from prior year +5%
Average unit sales:
Same-store (open at least 18 mos.) +2.9%
All-store (all Ryan's units) +3.2%
Management was pleased with the results of the Company's
current advertising program, noting that approximately 80
restaurants on average were supported with advertising
during the month. Sales gains at the restaurants with
advertising were on average approximately 6% better than the
non-supported restaurants.
At June 2, 1999, the Company owned and operated 282 Ryan's.
The Company's next accounting period consists of 4 weeks,
ending on June 30, 1999.
