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News and Information Article
GREER, S.C., Feb. 3 /-FirstCall/ -- Ryans Restaurant Group,
Inc. (Nasdaq: RYAN) today reported sales results for the 5-week period ended
February 1, 2006 ("January"). Same-store sales for January increased by 4.8%.
Other details and comments follow:
(Unaudited)
January
2006
Total sales (000s) $78,100
Change from prior year +6%
Average unit sales:
Same stores (open at least 18 mos.) +4.8%
All stores (all Ryans units) +6.6%
Management noted that all-store average unit sales in January were at a
record high for historical January sales. However, 2006s sales comparisons
were favorably impacted by severe winter weather during the last two weeks of
January 2005. Same-store sales for the last two weeks of January 2006
increased by almost 10%. For the first three weeks of January 2006, same-
store sales were positive each week, aggregating +1.5% for the period.
At February 1, 2006, the Company owned and operated 338 restaurants.
The Companys next accounting period consists of 4 weeks, ending on March
1, 2006.
Forward-Looking Information: In accordance with the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995, the
Company cautions that the statements in this press release that are forward-
looking involve risks and uncertainties that may impact the Companys actual
results of operations. For a more thorough discussion of these risks,
uncertainties and other factors, please refer to the Companys Annual Report
on Form 10-K for the fiscal year ended December 29, 2004.
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