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Ruby Tuesday, Inc. Message Board

  • celestial1320 celestial1320 Apr 8, 2011 12:46 PM Flag

    Motley Fool takes RT to the woodshed

    A few excerpts from The Motley Fool
    http://www.fool.com/investing/general/2011/04/08/this-weeks-5-dumbest-stock-moves.aspx

    “Stupidity is contagious. It gets us all from time to time. Even respectable companies can catch it.”

    “1. Bad buy Ruby Tuesday
    Excuses are on the menu at Ruby Tuesday”

    AND MY FAVORITE…

    “Companies come up short all of the time, but Ruby Tuesday makes the cut for this week's list because of its creative excuses.”

    The Motley Fool is just figuring this now out about RT??? Excuse making has been SOP for RT for at least the last 4 years. Quarter after quarter it’s the same old stale spin from the CEO while the salaries of the execs have gone through the roof. Some of the previous excuses have involved Florida hurricanes and Southern tornadoes; hardly a valid excuse for the dismal performance of a national chain. When will they ever learn to just tell the truth?

    For next quarter’s results might I suggest the following lame excuses…

    Customer fear of radioactive ribs because of Japan’s nuke plant
    The Tsunami swept away 18% of RT’s loyal customers
    Obamacare made me lose my appetite
    It rained heavily in central Arkansas for a week
    Charlie Sheen dropped his endorsement of RT
    The loss of all the customers in Libya

    Once again quoting The Motley Fool…
    “Goodbye, Ruby Tuesday. Who can lay the blame on you?”

    And the answer is…the shareholders. So just keep doing the same thing over and over while expecting different results. Insanity, dishonesty or denial, you make the call.

    Now watch, here come the Maryville pumpers with their clever comeback. Some things just never change.

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