Ruby Tuesday loses momentum in 2Q

Ruby Tuesday loses momentum in 2Q

Worse-than-expected same-store sales fall 1%, traffic falls 1.3%

Ruby Tuesday Inc. on Tuesday reported a worse-than-expected same-store sales decline of 1 percent at company restaurants for its Dec. 2-ended second quarter.

The decline was driven by a 1.3-percent slide in traffic, and the results were a disappointment given projections in October of a 1-percent to 2-percent increase for the quarter.

Full financial results for the quarter are scheduled for release on Jan. 8, and company officials said they would likely update guidance for

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