Ruby Tuesday (RT) Misses Q1 EPS by 8c, Reaffirms FY16 Guidance

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Ruby Tuesday Reports First Quarter Fiscal 2016 Results

October 8, 2015 4:15 PM EDT

Same-Restaurant Sales increased 0.6% Adjusted EBITDA of $15.0 million Fiscal 2016 Guidance reaffirmed

MARYVILLE, Tenn.--(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE: RT) today reported financial results for the fiscal first quarter ended September 1, 2015.

First Quarter Financial Performance Highlights

Total revenue was $279.5 million, a decrease from last year of $1.7 million, or 0.6%, primarily due to a net reduction of 11 Company-owned restaurants compared to the first quarter last year, partially offset by a same-restaurant sales increase of... More