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Company: Ruth's Hospitality Group (RUTH)
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6 votes

  Ruth's Chris Steak House (RUTH)/Bears/Ouster of CEO Craig Miller increases uncertainty

In April of 2008, CEO Craig Miller was ousted [1]. The decision was made after RUTH stock dropped by over 70% in the past year. As of May 2008, the company has yet to appoint a permanent replacement.

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  Ruth's Chris Steak House (RUTH)/Bears/Consumer-led recession could significantly cut guest traffic

Because Ruth's Chris is an upscale restaurant, a sustained cutback on consumer discretionary spending could severely hurt revenues.

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