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Article: Ruby Tuesday, Inc. Reports Second Quarter Results; -- Company-Owned Ruby Tuesday Same-Store Sales Increased 3.9%.
- Article from:
- PR Newswire
- Article date:
- January 7, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. 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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Ruby Tuesday, Inc. today reported results for its second quarter of fiscal 2004, which ended December 2, 2003. For the quarter, diluted earnings per share increased 22.2% to $0.33, total operating revenues increased 15.8% to $245.0 million, and pre-tax profit margin increased 110 basis points to 13.9%. Same-store sales at Company-owned Ruby Tuesday restaurants increased 3.9%, while same-store sales at franchise partnership restaurants increased 4.6% during the quarter. The Company's Board of Directors declared a semi-annual cash dividend of $0.0225 per share, payable on February 6, 2004 to shareholders of record at the close of business on January 23, 2004.
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