Ruth

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The Heathrow-based upscale restaurant chain RUTH), which filed the shelf registration statementJune 25, now has the flexibilityu to raise the money through the sale of according to a news release. The filinbg allows the company to quickly access the capital marketse through any combinationof equity, debt or othe r securities. Ruth’s Hospitality investor relations spokesman Raphaelp Gross was unavailable for commeng bypress time. The company in May reporte an 18.
5 percent declinr in company-owned, first-quarter same-restaurant sales, coupled with a nearly 14 percent drop in combined averaged weekly sales for the 22 restaurants acquired in Februarh of 2008 fromCameron Mitchell’ss Restaurants LLC. Company shares were tradingg at $3.36 in the earlhy hours of June 26, down slightly from the previouds day’s close of $3.40. Ruth’s a leading restaurant company focused exclusively on the upscalwdining segment, owns more than 150 company-owne and franchised restaurants, including , Mitchell’s Fish Mitchell’s Steakhouse and Cameron’s Steakhouse