Darden Restaurants and Ruth's Hospitality Group Provide Updated Call Information for Thursday, May 4, 2023 Conference Call

ORLANDO, Fla., May 3, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ("Ruth's") (Nasdaq:RUTH) announced earlier today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million.  As previously announced, the companies will host a conference call to discuss the transaction on Thursday, May 4, 2023, at 8:30 a.m. ET.  The call information provided in the earlier press release was incorrect; this press release is issued to provide updated call information.

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