Ruby Tuesday reports $29M loss in 4Q

Ruby Tuesday reports $29M loss in 4Q

CEO says company is in transition period

Ruby Tuesday Inc. reported on Wednesday a net loss of $29 million during its fourth quarter ended June 4. The company is currently in a transition period, said chief executive James J. “JJ” Buettgen in a statement, as it jettisoned its non-core concepts earlier this year and vowed to refocus its efforts on reclaiming a space in the casual-dining segment.


Result: -$29 million, or -49 cents per share
% Decrease: 401% (from -$5.8 million, or -9 cents per share)


Result: $316.1 million
% Decrease: 11.7% (from $357.9 million)


% Decrease: 3.1% at company-owned units,
5.1% at domestic franchised units

Source: Company report

Ruby Tuesday names new president, COO
Ruby Tuesday to focus on casual after 'disappointing' 3Q
Same-store sales at

Contact Erin Dostal at [email protected].
Follow her on Twitter: @erindostal

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