UPDATE: Ruby Tuesday (RT) Reports Q3 Loss of $0.06/Share, Comps Decline 4%
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Ruby Tuesday, Inc. Reports Fiscal Third Quarter 2017 Financial Results
April 6, 2017 4:15 PM EDTMARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE: RT) today announced financial results for the fiscal quarter ended February 28, 2017. Additionally, in a separate press release issued today the Company announced it has named James F. Hyatt, II as President and Chief Executive Officer and a member of the Board of Directors, effective immediately.
Fiscal Third Quarter 2017 Highlights (13 weeks ended February 28, 2017, compared to the 13 weeks ended March 1, 2016):
Total revenue declined 16.8% to $225.7 million, which included a net reduction of 105 Company-owned Ruby Tuesday restaurants compared to the third quarter... More