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Ruby Tuesday Inc (RT)

RT on New York Consolidated

1.88USD
24 Feb 2017
Change (% chg)

$-0.02 (-1.05%)
Prev Close
$1.90
Open
$1.88
Day's High
$1.90
Day's Low
$1.84
Volume
950,710
Avg. Vol
624,876
52-wk High
$5.63
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$1.69

Latest Key Developments (Source: Significant Developments)

Ruby Tuesday entered into waiver relating to its four-year revolving credit agreement
Tuesday, 3 Jan 2017 07:25am EST 

Ruby Tuesday Inc : On Dec 31 co entered into waiver relating to its previously-disclosed four-year revolving credit agreement-sec filing . Ruby Tuesday - on dec 30, company entered into waiver relating to certain of its mortgage loan obligations with first tennessee bank - sec filing .Ruby Tuesday - senior credit facility waiver reduces amount co may borrow under senior credit facility to $16.1 million through January 31, 2017.  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

Ruby Tuesday Inc gives FY 2016 same-restaurant sales guidance
Thursday, 23 Jul 2015 04:10pm EDT 

Ruby Tuesday Inc:Expects FY 2016 same-restaurant sales to be in the range of flat to up 2%.  Full Article

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BRIEF-Ruby Tuesday enters seventh amendment and waiver

* Ruby Tuesday - on January 31, 2017, entered seventh amendment and waiver relating to its previously-disclosed four-year revolving credit agreement