Ruby Tuesday, Inc. Reports Fourth Quarter and Fiscal Year 2016 Financial Results

Total revenue was $279.3 million, a decrease of 5.9% or $17.5 million from the fourth quarter of the prior fiscal year. This was due to a net reduction...

August 11, 2016

1 minute read

Total revenue was $279.3 million, a decrease of 5.9% or $17.5 million from the fourth quarter of the prior fiscal year. This was due to a net reduction of 12 corporate-owned Ruby Tuesday restaurants and 17 corporate-owned Lime Fresh Mexican Grill restaurants during fiscal year 2016 and a same-restaurant sales decline of 3.7% at corporate-owned Ruby Tuesday restaurants.

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