Ruby Tuesday’s 2-Q revenues climb, but profits slip

MARYVILLE Tenn. Ruby Tuesday Inc., operator or franchisor of 926 namesake casual-dining restaurants, recorded a 4.1-percent drop in second-quarter profit on revenues that rose 14.2 percent to $336.8 million.

For the quarter ended Dec. 5, Ruby Tuesday posted profit of $16.7 million, down from $17.4 million in the year-earlier second quarter. Per-share earnings remained unchanged at 28 cents, because of a lower share count in the latest quarter.

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