- Ruby Tuesday (NYSE:RT) -9.8% AH after posting disappointing Q2 results and lowering its full-year sales guidance.
- The casual dining chain now expects to sales at restaurants open at least 18 months to come in at a range of +1% to -1%, compared with its previous estimate for 1%-2% growth; estimates FQ3 same-restaurant sales at -2% to +1%.
- During FQ2, same-restaurant sales fell 1% Y/Y, while same-restaurant guest counts were down 1.3%.