Tue, Jan 27, 2015, 6:24 AM EST - U.S. Markets open in 3 hrs 6 mins


% | $
Quotes you view appear here for quick access.

Ruby Tuesday, Inc. Message Board

  • bluecheese4u bluecheese4u Jan 9, 2013 5:23 PM Flag

    Ruby Tuesday Reports Second Quarter Fiscal 2013 Results:

    Ruby Tuesday Reports Second Quarter Fiscal 2013 Results:

    Same-Restaurant Sales up 0.3%
    Announces Plan to Exit Marlin & Ray’s, Truffles Grill, and Wok Hay Concepts; Incurs Pre-Tax Charge of $16.9 Million in Second Quarter
    Repurchases 2.4 Million Shares of Its Common Stock
    Repurchases $11.5 Million of Its High Yield Bonds
    Board Increases Share Repurchase Authorization by 10 Million Shares

    MARYVILLE, Tenn.--(BUSINESS WIRE)--Jan. 9, 2013-- Ruby Tuesday, Inc. (NYSE: RT) today reported financial results for the fiscal second quarter ended December 4, 2012.

    Results for second quarter 2013 compared to second quarter 2012 include:
    Same-restaurant sales increased 0.3% at Company-owned Ruby Tuesday restaurants
    Restaurant-level operating margin of 16.1%, compared to 14.4% for the prior year, an improvement of 170 basis points primarily driven by cost savings
    Net loss of $15.1 million, or net loss of $4.6 million excluding the following: 1) Pre-tax impairment charges of $16.9 million incurred due to our decision to close and exit the Marlin & Ray’s and Wok Hay concepts, close two Company-developed Lime Fresh restaurants, and seek a buyer for the Truffles Grill concept which we currently license, and 2) CEO transition expenses of $0.4 million primarily related to search fees. This compares to the prior-year net loss of $2.0 million. We have included a reconciliation of these items and the related loss per share impact on the Investor Relations page of the


    SortNewest  |  Oldest  |  Most Replied Expand all replies
6.36+0.02(+0.32%)Jan 26 4:01 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.