Ruth's Chris Steak House (NASDAQ: RUTH) is a chain of 114 steakhouses across the Unite States and in several international locations. The restaurant is regarded as an upscale fine dining establishment, marking a gradual elevation in its status since its founding in the 1960s. Ruth's Chris is currently the largest player in the luxury steak market, besting other restaurants such as The Palm and Morton's chains in number of locations, operating income, and overall profit. On November 19, 2007, the chain's newest location, and the tenth new site in 2007, opened in Santa Barbara, California. On March 22, 2008 the company announced it would be seeking stockholder approval to change its name to Ruth's Hospitality Group to better represent the business after the acquisition of Mitchell's Fish Market.