Ruth''s Hospitality Group''s Return on Invested Capital Insights
According to Benzinga Pro data Ruth''s Hospitality Group (NASDAQ: RUTH ) posted a 0.75% decrease in earnings from Q1. Sales, however, increased by 1.99% over the previous quarter to $128.65 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Ruth''s Hospitality Group is not utilizing their capital as effectively as possible. In Q1, Ruth''s Hospitality Group earned $10.41 million and total sales reached $126.13 million. What Is ROIC? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax … Full story available on Benzinga.com
Ruth''s Hospitality Group''s Return on Invested Capital Insights
According to Benzinga Pro data Ruth''s Hospitality Group (NASDAQ: RUTH ) posted a 0.75% decrease in earnings from Q1. Sales, however, increased by 1.99% over the previous quarter to $128.65 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Ruth''s Hospitality Group is not utilizing their capital as effectively as possible. In Q1, Ruth''s Hospitality Group earned $10.41 million and total sales reached $126.13 million. What Is ROIC? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax … Full story available on Benzinga.com