UPDATE: Ruby Tuesday (RT) Reports Q4 EPS of $0.06, Says Strategic Review Entering Final Phase

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Go back to UPDATE: Ruby Tuesday (RT) Reports Q4 EPS of $0.06, Says Strategic Review Entering Final Phase

Ruby Tuesday, Inc. Reports Fourth Quarter and Fiscal Year 2017 Financial Results

August 21, 2017 4:15 PM EDT

MARYVILLE, Tenn., Aug. 21, 2017 (GLOBE NEWSWIRE) -- Ruby Tuesday, Inc. (NYSE: RT) today announced financial results for the fourth quarter and fiscal year ended June 6, 2017.

Fiscal Fourth Quarter 2017 Highlights (14 weeks ended June 6, 2017, compared to the 13 weeks ended May 31, 2016):

Total revenue declined 8.8% to $254.9 million, which included a net reduction of 103 Company-owned Ruby Tuesday restaurants compared to the fourth quarter of the prior fiscal year. 95 of these restaurants were closed in connection with our August 11, 2016 announcement. Excluding the 14th week in 2017, total revenues decreased 14.4% to $239.1... More