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Article: Ruby Tuesday, Inc. Announces Second Quarter Fiscal 2005 Same-Store Sales and Estimated Diluted Earnings Per Share.
- Article from:
- Business Wire
- Article date:
- December 8, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MARYVILLE, Tenn. -- Ruby Tuesday, Inc. (NYSE: RI) today announced that second quarter fiscal 2005 same-store sales at Company-owned Ruby Tuesday restaurants decreased 8.6%, while same-store sales at domestic franchise Ruby Tuesday restaurants decreased 5.1%. As a result, the Company now estimates diluted earnings per share for its second quarter will be $0.30. Based on the environment and the Company's various initiatives, the Company did not re-iterate previously issued guidance or re-issue guidance for the balance of fiscal 2005.
Sandy Beall, the Company's Chairman and CEO commented, "Our same-store sales for September, October and November at Company-owned ...