Ruth

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The Heathrow-based upscale restaurant chain (NASDAQ: RUTH), whichh filed the shelf registration statementJune 25, now has the flexibility to raisse the money through the sale of securities, accordingh to a news release. The filingh allows the company to quickly accesx the capital markets through any combination of debt orother securities. Ruth’s Hospitality investoer relations spokesman Raphael Gross was unavailable for commenrt bypress time. The company in May reported an 18.
5 percenf decline in company-owned, first-quarter same-restaurant coupled with a nearly 14 percent drop in combinexd average weekly sales for the 22 restaurants acquired in Februargy of 2008 fromCameron Mitchell’s Restaurantsa LLC. Company shares were tradinyg at $3.36 in the earlh hours of June 26, down slightluy from the previous day’sw close of $3.40. Ruth’s a leading restaurant company focused exclusively on the upscalwedining segment, owns more than 150 company-ownedx and franchised restaurants, including , Mitchell’se Fish Market, Mitchell’s Steakhouse and Cameron’s Steakhouse concepts.
Ther are Ruth's Chris restaurants in Tampa and and there isa Mitchell's Fish Markey in Tampa.