Ruby Tuesday (RT) drops 6.4% AH after reporting FQ1 revenue of $330.3M (+9% Y/Y) and EPS of...

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

Ruby Tuesday (RT) drops 6.4% AH after reporting FQ1 revenue of $330.3M (+9% Y/Y) and EPS of $0.05; the latter was in-line, but the former missed consensus by $3.7M. Same-restaurant sales at company-owned locations declined 4.1% Y/Y. The company expects FQ2 EPS of -$0.04 to -$0.08, well below a $0.05 consensus. (PR)