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Ruby Tuesday, Inc. Message Board

  • danzud danzud Jul 22, 2010 4:20 PM Flag

    not great

    revenues light and they might have played with taxes to make their earnings beat. Also, next year is on the low side compared to Yahoo! analysts.

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    • Hmm, hard to say how a couple of figures will play against each other...

      You hv net income growth of 45%, obviously due to paying down debt...

      BUT, and a big BUT, you have a negative comp in domestic stores and you hv to think that won't get better thru the balance of the year...

      Interesting, that with consumers hording cash, little credit available yet modest GDP growth, and a restuarant with lower price points, that same store domestic sales were down...

      I'm short @ 9.95. S&P bounced off last week's high at 1095 at the close, so i don't see an upward move in the market tomorrow..

      With Msft and Amzn reporting weak, i don't see the next couple days taking us higher..

      Whadda ya think..?

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