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Ruby Tuesday Inc (RT)

RT on New York Consolidated

2.81USD
23 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Ruby Tuesday sells church street building for $2.8 mln
Thursday, 22 Sep 2016 04:15pm EDT 

Ruby Tuesday Inc: Ruby Tuesday Inc announces sale of church street building and consolidation of Maryville restaurant support center . Has entered into an agreement with Altar'd state to sell its church street property for $2.8 million . Agreement with Altar'd state to sell its church street property for $2.8 million .Announced plans to consolidate its restaurant support center at its property at 333 e. Broadway avenue in Maryville, TN by Jan 2017.  Full Article

Ruby Tuesday sees q1 2017 loss per share $0.67 to $0.74
Tuesday, 13 Sep 2016 04:23pm EDT 

Ruby Tuesday Inc : Ruby Tuesday, Inc. Announces management changes and preliminary fiscal first quarter 2017 financial results . Sees q1 2017 loss per share $0.67 to $0.74 . Sees q1 2017 adjusted loss per share $0.10 to $0.12 . Director F. Lane Cardwell, Jr. Appointed interim president and chief executive officer . Director F. Lane Cardwell, Jr. Appointed interim president and chief executive officer . Company also announced appointment of sue briley as chief financial officer . Briley has been serving as interim chief financial officer since June 2016 . Ruby Tuesday Inc says board of directors has retained heidrick & struggles to begin a search for a permanent president and chief executive officer . Preliminary fiscal q1 same restaurant sales declined approximately 2.7% .Preliminary fiscal q1 net loss per diluted share to range from $0.67 to $0.74.  Full Article

Ruby Tuesday Reports Q4 & Fiscal Year 2016 results
Thursday, 11 Aug 2016 04:01pm EDT 

Ruby Tuesday Inc : Q4 revenue $279.3 million . Ruby Tuesday, Inc. Reports fourth quarter and fiscal year 2016 financial results . Q4 loss per share $0.46 . Sees FY 2017 adjusted earnings per share $0.05 to $0.09 . Qtrly same-restaurant sales declined 3.7% following a 1.7% decline in Q4 of prior fiscal year . Ruby Tuesday Inc qtrly adjusted net income was $6.3 million, or $0.10 per diluted share . Announced plans to streamline organization, improve financial profitability . During Q4, four corporate-owned Ruby Tuesday restaurants were closed and one was opened . 95 underperforming restaurant locations will cease operations by September 2016 . One domestic franchised Ruby Tuesday restaurant was closed in Q4 . Sees fiscal year 2017 same-restaurant sales of flat to up 2% for comparable fifty-two week period ending May 30, 2017 . Sees fiscal year 2017 capital expenditures ranging from $38 million to $42 million . Expect macro environment to remain challenging for some time; taking necessary steps to change trajectory of business . Fresh start initiative will be achieved through execution of several key strategies including an asset rationalization plan . Fresh start initiatives will be rolled out in phases across multiple markets throughout coming quarters . Estimates that it will incur $72 million to $81 million in pre-tax charges related to restaurant closures in FY 2017.  Full Article

Ruby Tuesday appoints Sue Briley as interim CFO
Monday, 6 Jun 2016 05:29pm EDT 

Ruby Tuesday Inc :Ruby Tuesday appoints Sue Briley as interim chief financial officer.  Full Article

Ruby Tuesday sells Lime Fresh Mexican Grill brand for $4.6 MLN
Wednesday, 1 Jun 2016 08:56pm EDT 

Ruby Tuesday Inc : Ruby Tuesday Inc. announces sale of Lime Fresh Mexican Grill brand . Sale of Lime Fresh Mexican Grill brand to Everfresh Endeavors for $4.6 million .Agreement includes intellectual property rights and franchising rights for Lime Fresh Mexican Grill.  Full Article

Ruby Tuesday sells Lime Fresh Mexican Grill brand for $4.6 MLN
Wednesday, 1 Jun 2016 06:00pm EDT 

Ruby Tuesday Inc : Ruby Tuesday Inc. announces sale of Lime Fresh Mexican Grill brand . Sale of Lime Fresh Mexican Grill brand to Everfresh Endeavors for $4.6 million .Agreement includes intellectual property rights and franchising rights for Lime Fresh Mexican Grill.  Full Article

Ruby Tuesday Inc announces resignation of Jill Golder
Thursday, 7 Apr 2016 04:16pm EDT 

Ruby Tuesday Inc:Says resignation of Jill Golder, effective as of April 11, 2016.Intends to immediately commence a search for a new Chief Financial Officer.  Full Article

Ruby Tuesday Inc lowers FY 2016 EPS guidance; lowers FY 2016 same-restaurant sales guidance
Thursday, 7 Apr 2016 04:16pm EDT 

Ruby Tuesday Inc:Updating FY 2016 Adjusted Net Income per share guidance to $0.05 to $0.08 (vs. $0.12 to $0.17 previously).Sees FY 2016 same-restaurant sales down about 1% (vs. flat to up 1% previously).  Full Article

Ruby Tuesday Inc reaffirms FY 2016 EPS guidance; updates FY 2016 same-restaurant sales guidance
Thursday, 7 Jan 2016 04:15pm EST 

Ruby Tuesday Inc:Reaffirming FY 2016 Adjusted Net Income per share guidance of $0.12 to $0.17.Sees updated FY 2016 same-restaurant sales of flat to up 1%.  Full Article

Ruby Tuesday Inc reaffirms FY 2016 EPS and same-restaurant sales guidance
Thursday, 8 Oct 2015 04:15pm EDT 

Ruby Tuesday Inc:Fiscal 2016 Guidance reaffirmed.Reaffirms its full-year Adjusted Net Income per diluted share guidance of $0.12 to $0.17.Expects FY 2016 same-restaurant sales to be in the range of flat to up 2%.FY 2016 EPS of $0.14 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Ruby Tuesday sells church street building for $2.8 mln

* Ruby Tuesday Inc announces sale of church street building and consolidation of Maryville restaurant support center