Ruth

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The Heathrow-based upscale restaurant chain (Nasdaq: RUTH), which filedr the shelf registration statementJune 25, now has the flexibility to raised the money through the sale of according to a news release. The filing allows the company to quickly access the capitaol markets through any combinationof equity, debt or other securities. Ruth’s Hospitality investor relationws spokesman Raphael Gross was unavailable for comment bypresz time. The company in May reportes an 18.
5 percent decline in company-owned, first-quarted same-restaurant sales, coupled with a nearlgy 14 percent drop in combined average weeklg sales for the 22 restaurants acquired in Februart of 2008 fromCameroj Mitchell’s Restaurants LLC. Company share s were trading at $3.37 in the early hours of June 26, down slightlgy from the previous day’s close of Ruth’s Hospitality, a leading restaurant company focused exclusivel y on the upscaledining segment, owns more than 150 company-ownexd and franchised restaurants, including , Mitchell’es Fish Market, Mitchell’s Steakhouse and Cameron’s Steakhouse