RYANS FAMILY STEAKHOUSES INC
8-K, 2000-05-08
EATING PLACES
Previous: CARDINAL INDUSTRIES INC, NT 10-Q, 2000-05-08
Next: PRUDENTIAL EQUITY FUND, 497, 2000-05-08



               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):  May 8, 2000



                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 May 8, 2000 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 5-week period ended May 3, 2000 (referred to therein as
the month of April), which information is incorporated herein by
reference.

Item 7.Financial Statements and Exhibits.
     (c) Exhibits

         20.1 April sales information issued May 8, 2000.

                            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:  May 8, 2000




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

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

Ryan's   Family  Steak  Houses,  Inc.  (NASDAQ:RYAN)   today
announced that same-store sales for the 5-week period  ended
May 3, 2000 ("April") increased by 2.0%.  Details follow:

                                       April 2000
                                      (Unaudited)

  Total sales                       $69,330,000
  Increase from prior year                +5.7%

  Average unit sales:
  Same-store (open at least 18 mos.)      +2.0%
  All-store (all Ryan's units)            +1.8%

Management  noted  that April's weekly  average  unit  sales
volumes  set a new April record.  In addition, it should  be
noted that April's same-store sales increase is on top of  a
1.5% increase achieved in April 1999.

At May 3, 2000, the Company owned and operated 292 Ryan's.

The  Company's next accounting period consists of  4  weeks,
ending on May 31, 2000.



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