Ruby Tuesday (RT) Misses Q4 EPS by 1c, Guides FY17 EPS Below Consensus
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Ruby Tuesday, Inc. Reports Fourth Quarter and Fiscal Year 2016 Financial Results
August 11, 2016 4:06 PM EDTAnnounces Fresh Start Initiative Including Asset Rationalization Plan to Close Approximately 95 Restaurants
Fiscal Year 2017 Outlook Reflects Expectation of Improved Financial Performance
MARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE: RT) today announced fourth quarter and fiscal year 2016 financial results for the periods ended May 31, 2016 and provided a fiscal year 2017 outlook. The Company also announced plans to streamline the organization, improve financial profitability, and create long-term value for shareholders through its Fresh Start initiative.
The Fresh Start initiative will be achieved through the execution of several key... More
