Ruby Tuesday (RT) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Ruby Tuesday (RT) reported quarterly earnings results on Thursday, Aug-11-2016. The company reported $0.10 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.11. The company posted revenue of $279.32 million in the period, compared to analysts expectations of $285.00 million. The company’s revenue was down -5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.

Ruby Tuesday (RT) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $3.93 and reached the intraday high at $4.045. The bulls started the profit booking and pushed the shares to intraday low of $3.89. The trading session was marked by a volume range of 7,72,524 shares exchanging hands. The 52-week high of the shares is $7.2 and the 52-week low is $3.475. The market cap of the company stands at $235 M and there are 6,01,89,858 shares in public circulation.

In a different news, on Jan 26, 2016, Franklin E Jr Southall (VP, Corporate Controller) sold 1,130 shares at $5.46 per share price. According to the SEC, on Jan 15, 2016, James J Buettgen (President & Chief Exec Officer) purchased 20,000 shares at $5.09 per share price. On Jan 14, 2016, Kevin T Clayton (director) purchased 30,000 shares at $5.25 per share price, according to the Form-4 filing with the securities and exchange commission.

Ruby Tuesday Inc. owns operates and franchises the Ruby Tuesday casual dining restaurant chain and operates in the bar and grill segment of the casual dining industry. The Company operates through Ruby Tuesday and Lime Fresh segments. The Ruby Tuesday segment offers food and beverages under the Ruby Tuesday brand. The Lime Fresh segment offers food and beverages under the Lime Fresh brand. The Company owns and operates approximately 668 Ruby Tuesday restaurants and franchises more than 79 restaurants. Ruby Tuesday restaurants are present in 45 states the District of Columbia 12 foreign countries and Guam. The Company also owns operates and franchises the Lime Fresh fast casual restaurant concept. There are more than 20 Company-owned and operated Lime Fresh restaurants and six Lime Fresh restaurants operated by domestic franchisees. The Company also operates the Ruby Tuesday Center for Leadership Excellence located in Maryville Tennessee Restaurant Support Services Center.

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