Ruby Tuesday swings to profit in 1Q

Ruby Tuesday swings to profit in 1Q

Same-store sales also rise at the casual-dining chain

Ruby Tuesday Inc. swung to a profit in the Sept. 2-ended first quarter, the company said Wednesday.
The Maryville, Tenn.-based company, which also owns the Lime Fresh brand, posted a 1.3-percent increase in guest counts at its Ruby Tuesday units, leading to a 1.1-percent increase in same-store sales at company-owned units. At the 31 domestic Ruby Tuesday franchised restaurants in the comparison base, same-store sales rose 6 percent, the company said.

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