MARYVILLE Tenn. Ruby Tuesday Inc. reported on Thursday that it expects a net loss in its second quarter ended Dec. 4 as slumping sales and remodeling costs took a toll on the casual-dining company. Preliminary results indicate that the company will post a per-share loss of between 18 cents and 21 cents, compared with a per-share profit of 28 cents in the year-ago second quarter.Same-store store sales for the latest quarter fell 10.8 percent at corporate restaurants and 8.7 percent at ...
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Contact: Desiree Torres Desiree.Torres@penton.com