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Company profile for Ruth's Hospitality Group, Inc.
Ruth’s Hospitality Group, Inc. is one of the leading companies in the restaurant industry. Founded in 1965 by Ruth Fertel, the company began as a single steak house in New Orleans, LA. Since then, Ruth’s Hospitality Group has grown to include more than 150 company-owned and franchisee-owned restaurants worldwide. It is best known for its signature steaks, which are served in a sizzling butter sauce.
The company operates under the Ruth’s Chris Steak House brand name, and its restaurants offer a variety of food and beverage products to special occasion diners, frequent customers, and business clients. Ruth’s Hospitality Group is headquartered in Winter Park, Florida, but its restaurants can be found in the United States, Canada, Mexico, Puerto Rico, Hong Kong, Japan, and the United Arab Emirates.
Ruth’s Hospitality Group is committed to providing guests with an exceptional dining experience. The company has won numerous awards, including “Best Steakhouse in America” from the American Culinary Federation in 2014 and “Best Steakhouse Chain” from the Nation’s Restaurant News in 2015. The company is also committed to sustainability and has implemented several initiatives to reduce its environmental footprint, such as using renewable energy sources and reducing water and energy consumption.
Ruth’s Hospitality Group is a publicly traded company and its stock is listed on the NASDAQ Global Select Market under the symbol RUTH. The company has a strong financial position, with total assets of $1.1 billion and total liabilities of $502 million as of December 31, 2020. Ruth’s Hospitality Group has also been recognized for its commitment to corporate social responsibility, receiving a 100% rating on the Human Rights Campaign Corporate Equality Index in 2021.