Ruth

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The Heathrow, Fla.-based upscale restaurant chain RUTH), which filed the shelf registratioh statementJune 25, now has the flexibility to rais e the money through the sale of securities, accordingv to a news release. The filing allows the compan y to quickly access the capital markets through any combinationhof equity, debt or other Ruth’s Hospitality investor relations spokesman Raphael Gros was unavailable for comment. The company in May reported an 18.
5 percent decline in company-owned, first-quarter same-restaurant sales, coupled with a nearl y 14 percent drop in combinefd average weekly sales for the 22 restaurants acquired in Februar of 2008 fromCameron Mitchell’as Restaurants LLC. Company shares were trading at $3.3 in the early hours of June 26, down slightlyu from the previous day’s close of $3.40. Ruth’s a leading restaurant company focused exclusively on the upscaledininh segment, owns more than 150 company-owned and franchised restaurants, includingg , Mitchell’s Fish Market, Mitchell’s Steakhouss and Cameron’s Steakhouse concepts.
The Sacramento area has two Ruth'sd Chris Steak Houses, one at Pavilions on Fair Oaks Boulevarr and oneat Westfield's Galleria at