Ruby Tuesday Inc. swung to a loss in its fourth quarter, largely on impairment charges, but officials said more work needs to be done to stabilize traffic counts in an increasingly competitive environment. RELATED • Ruby Tuesday names Michael Moore CFO • Ruby Tuesday to buy Lime Fresh for $24M • More restaurant industry finance news For the quarter ended June 5, the Maryville, Tenn.-based company reported a net loss of $5.8 million, or a loss of 9 cents per share, compared ...
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Contact: Desiree Torres Desiree.Torres@penton.com