Ruby Tuesday Inc.’s losses widened in the second quarter ended Dec. 1 as it continued selling its remaining eight Lime Fresh Mexican Grill locations, the company reported Thursday. The Maryville, Tenn.-based company said its net loss widened to $15.8 million, or a 26 cents a share, from $9.3 million, or 15 cents a share, in the same quarter last year. Revenue fell 0.6 percent, to $261 million, from $262.7 million in the prior-year quarter, with the company operating 20 fewer ...
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Contact: Desiree Torres Desiree.Torres@penton.com