Ruth's Chris Steakhouse

High-end steakhouse chain.

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Headquarters:
1030 West Canton Ave., Suite 100
Winter Park, FL 32789
Employees: 5,658
CEO: Michael O'Donnell
Stock Symbol: RUTH

Website: http://www.ruthschris.com

Career Site

Ruth's Chris Steakhouse is a high-end chain of 135 restaurants across the U.S., including 13 international franchisee-owned restaurants in Mexico, Singapore, San Salvador, Hong Kong, Taiwan and Canada.

The menu at Ruth's Chris features a broad selection of high quality USDA Prime grade steaks. Other premium offerings are served in Ruth's Chris' signature fashion-"sizzling" and topped with seasoned butter-complemented by other traditional menu items inspired by the restaurant's New Orleans heritage. The restaurants also serve soup, salads and desserts with a large selection of wines. Lunch is only served at certain locations.

Ruth's Hospitality Group operates Ruth's Chris Steakhouse and also owns Mitchell's Fish Market, an upscale seafood restaurant, which has 19 locations, one Cameron's Steakhouse and two Mitchell's Steakhouse restaurants.

For the fiscal year 2011, company revenues were $369.5 million, up from $352.9 million, and net income of $19.5 million.

History

Ruth's Chris Steak House was founded in 1965 when Ruth Fertel mortgaged her home for $22,000 to purchase the "Chris Steak House," a 60-seat restaurant located near the New Orleans Fair Grounds racetrack. What began as a local success ­ popular among the city's politicos, power brokers, professional athletes and celebrities ­ grew into an international phenomenon. Forty years and more than 80 restaurants later, Ruth's Chris has both defined what great steak is and redefined the steakhouse experience.

In 2008, Ruth's Chris Steak House acquired all the operating assets and intellectual property of Columbus, OH based Mitchell's Fish Market, which operates under the names Mitchell's Fish Market and Columbus Fish Market. The acquisition also includes Cameron's Steakhouse which operates under the names Cameron's Steakhouse and Mitchell's Steakhouse. The operating assets and intellectual property were purchased from Cameron Mitchell Restaurants LLC (CMR) for approximately $92.0 million which Ruth's Chris Steak House funded through its senior credit facility.

Benefits

- Excellent compensation package
- Management Incentive Performance Plan
- 401(k)
- Profit sharing
- Medical, dental and vision benefits
- Life insurance
- Short-term and long-term disability benefits for management
- Excellent training and leadership development program
- Vacation

Updated October 15, 2012