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Ruth's Chris affirms 2008 profit outlook

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May 6, 2008

HEATHROW, Fla.—Ruth's Chris Steak House Inc. on Tuesday reiterated its 2008 profit outlook, which is in the range of Wall Street analysts' estimates.

The company said it still expects profit between 55 and 60 cents per share.

Ruth's Chris said the guidance does not include any one-time costs associated with the departure of its chief executive, Craig Miller. Miller announced his resignation from the restaurant chain last month.

Analysts polled by Thomson Financial expect profit between 55 and 62 cents per share, with a mean of 58 cents per share.

Ruth's Chris shares fell 2 cents to $7.97 in after-hours trading. During regular trading, shares dipped 6 cents to close at $7.99.

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