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): February 7, 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 February 7, 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 February 2, 2000
(referred to therein as the month of January), which information
is incorporated herein by reference.
Item 7.Financial Statements and Exhibits.
(c) Exhibits
20.1 January sales information issued February 7, 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: February 7, 2000
RYAN'S FAMILY STEAK HOUSES, INC.
REPORTS JANUARY SALES INFORMATION
-----------------
Ryan's Family Steak Houses, Inc. (NASDAQ:RYAN) today
announced that average unit sales for the 5-week period
ended February 2, 2000 ("January") decreased by 1.9%.
Management noted that sales during both January 2000 and
January 1999 were impacted by severe winter weather.
Details follow:
January 2000
(Unaudited)
Total sales $56,990,000
Increase from prior year +2.5%
Average unit sales:
Same-store (open at least 18 mos.) -1.9%
All-store (all Ryan's units) -0.9%
Both January 2000 and January 1999 were adversely impacted
by weather. Severe winter storms were prevalent throughout
much of the Company's operating areas during the last two
weeks of January 2000 and during the first two weeks of
January 1999. Accordingly, available data makes it
virtually impossible to extrapolate a "normal" operating
trend for the month.
At February 2, 2000, the Company owned and operated 289
Ryan's.
The Company's next accounting period consists of 4 weeks,
ending on March 1, 2000.
