Ruth's Hospitality Group

Ruth's Hospitality Group, Inc.
Nasdaq: RUTH
IndustryRestaurants
FoundedMay 2008; 16 years ago (May 2008)
DefunctJune 2023; 16 months ago (June 2023)
FateAcquired by Darden Restaurants
HeadquartersWinter Park, Florida, USA
ProductsLuxury food service
Revenue468,026,000 United States dollar (2020) Edit this on Wikidata
WebsiteNone

Ruth's Hospitality Group, Inc. was a restaurant company with a focus on American steakhouse restaurants. Ruth's was acquired by Darden Restaurants in June 2023.[1]

The group was rebranded in May 2008, shortly after Ruth's Chris Steak House acquired the Mitchell's Fish Market and Columbus Fish Market brands from Cameron Mitchell Restaurants.[2] The company was rebranded with a new name by CEO Mike McDonnell to reflect the broader diversity of restaurants in its portfolio. The company resold the MFM restaurant chain in 2014 for $10m to Landry's.[3]

  1. ^ "Darden Restaurants Completes Acquisition of Ruth's Hospitality Group" (Press release). PR Newswire. June 14, 2023.
  2. ^ "Ruth's Chris Completes Acquisition of Mitchell's". Seafood Source, 20 February 2008. Retrieved 19 February 2013.
  3. ^ Taylor, Katw (18 November 2014). "Once Purchased for $92 Million, This Seafood Restaurant Just Sold for a Fraction of That". Entrepreneur. Retrieved 2 April 2018.