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RARE HOSPITALITY INTERNATIONAL INC. /Atlanta, Georgia Demand Fattens Sales For Steakhouse Operator.(A)(The New America)
Byline: Suz Redfearn
Investor's Business Daily
The U.S. has seen a robust uptick in beef consumption in the last three years, and that makes Philip Hickey a happy, happy man.
He's chairman and chief executive of Rare Hospitality International Inc., whichowns, operates and franchises 173 beef-centric restaurants, including Texas roadhouse-themed LongHorn Steakhouses, Canadian Rockies-themed Bugaboo Creek and upscale Capital Grille. Most are located in the Southeast
and Midwest.
The growing carnivorousness of the American eating public is evident in Rare's financial returns. It recently announced that earnings for the fourth quarter ended Dec. 31 should come in at 32 or 33 cents a share, which would top the 29 cents analysts originally projected, according to First Call/Thomson Financial.It also beat Wall Street forecasts in the first three quarters of 2000.
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- Newspaper article from: Telecommunications Weekly October 21, 2009 700+ words
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- RARE Hospitality International Announces 3rd-Quarter Earnings of $0.22 Per...
- Press release article from: Business Wire October 22, 2003 700+ words
...13.5% for The Capital Grille. "We are pleased...expected same-store sales growth," remarked...fourth quarter. The Capital Grille - The 13.5% same-store sales growth achieved by The Capital Grille for the third quarter...
- The Capital Grille Partners with World-Class Broadcast Satellite; Restaurant...
- Press release article from: PR Newswire November 16, 2009 700+ words
...Nov. 16 /PRNewswire/ -- The Capital Grille, nationally known for its dry aged...connect the private dining rooms of The Capital Grille in all 40 locations for shared meeting...of the mahogany paneled rooms at The Capital Grille, guests can enjoy the convenience...
- Human capital: the Capital Grille invests a lot in its managers; the returns...
- Magazine article from: Chain Leader Chapman, Mary Boltz April 15, 2006 700+ words
...a restaurant of the caliber of The Capital Grille is highly beneficial to your career...management-careers section of The Capital Grille's Web site. "But we ensure that...between $75,000 and $100,000. The Capital Grille plans to implement an equity-stake...
