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Ruby Tuesday, Inc. Message Board

  • retsopoohay retsopoohay Oct 6, 2010 4:08 PM Flag

    0.19 and 302.7 rev

    good numbers

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    • did they issue guidance?

      • 1 Reply to cmsantaniello
      • Fiscal Year 2011 Guidance

        -- Same-Restaurant Sales - We estimate same-restaurant sales for
        Company-owned restaurants will be in the range of flat to positive 2%
        for the year

        -- Company-Owned Restaurant Development - We expect to open one to two
        smaller prototype, inline restaurants in 2011, expect to close seven to
        nine Company-owned restaurants, and convert five to seven Company-owned
        restaurants to other high-end casual dining concepts. In addition to the
        20 franchise restaurants acquired during our first fiscal quarter, we
        are evaluating the buy back of five to 10 additional franchise
        restaurants over the remainder of the fiscal year.

        -- Franchise Restaurant Development - We project our franchisees will open
        eight to 13 restaurants, up to 10 of which will be international

        -- Restaurant Operating Margins - Margins are anticipated to be relatively
        flat, primarily reflecting the impact of our continued investment in
        higher-quality menu items and new product offerings, as well as
        investments in service to enhance our guest experience and drive sales,
        offset by lower promotional levels. Our food costs are expected to
        remain relatively stable compared to the prior year

 
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2.81+0.05(+1.81%)Sep 23 4:02 PMEDT