Analysis: Weak sales trends for Ruby Tuesday

|About: Ruby Tuesday, Inc. (RT)|By:, SA News Editor

Wunderlich Securities reduces its estimates for Ruby Tuesday's (RT +1.3%) FQ3 same-store sales due to the chain's exposure to weather-impacted regions.

The firm is also trimming FQ4 SSS numbers on concerns of heightened competition in the sector.

Shares are rated Hold with a lowered price target of $6.00.