RYAN'S FAMILY STEAK HOUSES, INC. REPORTS
SEPTEMBER AND THIRD 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 September 27, 2000 ("September")
increased by 1.2%. Same-store sales for the quarter ended
September 27, 2000 increased by 0.1%, the 11th consecutive
quarter of positive same-store sales. Details follow:
(Unaudited)
September 3rd
2000 Quarter
Total sales (000's) $52,176 $177,824
Increase from prior year +5% +4%
Average unit sales:
Same stores (open at least 18 mos.)+1.2% +0.1%
All stores (all Ryan's units) +0.8% -0.2%
At September 27, 2000, the Company owned and operated 299
Ryan's restaurants.
Financial results for the third quarter 2000 are expected to
be released on October 18, 2000. In addition, the Company's
next accounting period consists of 5 weeks, ending on
November 1, 2000.
