Ruby Tuesday, Inc. Reports Fiscal First Quarter 2017 Financial Results

Go back to Ruby Tuesday, Inc. Reports Fiscal First Quarter 2017 Financial Results

Ruby Tuesday (RT) Reports Q1 Loss of $0.11/Share; Updates on Fresh Start Initiatives

October 6, 2016 4:18 PM EDT

Ruby Tuesday (NYSE: RT) reported Q1 EPS of ($0.11), versus ($0.03) reported last year. Revenue for the quarter came in at $256.7 million, versus $279.48 million reported last year.

Same-restaurant sales declined 2.7% following a 0.6% increase in the first quarter of the prior fiscal year.

Update on Fresh Start Initiatives

Asset Rationalization Plan 95 restaurants have closed under the Companys... More