Ruby Tuesday reports $4.2M net loss in 1Q

Ruby Tuesday reports $4.2M net loss in 1Q

Casual-dining brand cites repair, maintenance costs

Ruby Tuesday Inc. reported a net loss of $4.2 million in the first quarter ended Sept. 1, largely because of increased repair, maintenance and supply costs in the period, the company said Thursday.

The Maryville, Tenn.-based company reported a loss of 7 cents a share, compared with a profit of $2.6 million, or 4 cents a share, in the same period a year ago.

Revenue in the quarter fell 0.6 percent, to $279.5 million, from $281.2 million in the prior-year period, which t

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