=Ruby Tuesday (RT) to be acquired by NRD Capital for $2.40/share

  

Ruby Tuesday announces agreement to be acquired by a fund managed by NRD Capital for $2.40/share in cash; approx $335 mln

The purchase price represents a premium of approximately 37% over Ruby Tuesday's closing share price on March 13, 2017, the day before the Company announced its intention to explore strategic alternatives, and a premium of approximately 21% over Ruby Tuesday's closing share price on October 13, 2017.

== Ruby Tuesday (RT) reported earnings Thur 5 Jan 2017 (a/h)

MARYVILLE, Tenn. (AP) _ Ruby Tuesday Inc. (RT) on Thursday reported a loss of $38 million in its fiscal second quarter.

The Maryville, Tennessee-based company said it had a loss of 63 cents per share. Losses, adjusted for asset impairment costs and pretax expenses, were 18 cents per share.

The restaurant chain posted revenue of $214.7 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $3.53. A year ago, they were trading at $5.04.

Ruby Tuesday (RT) reported earnings Thur 11 Aug 2016 (a/h)

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Ruby Tuesday Inc. will shutter at least 95 corporate-owned locations, with the possibility of five to 10 more, by September, the company said Thursday. (about 13% of its 724 restaurants)

CEO JJ Buettgen in a release said competition and low sales impacted the restaurant chain. The company reported a fiscal fourth-quarter loss of $27.6 million, compared with a profit of $4.3 million the same prior-year period.

The store closings follow a “unit-level analysis of sales, cash flows and other key performance metrics, as well as site location, market positioning and lease status” of Ruby Tuesday’s corporate-owned portfolio, officials said. As of May 31, Ruby Tuesday’s system included 724 restaurants, of which 646 were company-operated.

For all of fiscal 2016 ended May 31, Ruby Tuesday posted a loss of $50.7 million on revenue that fell 3.1 percent to $1.1 billion.

Ruby Tuesday (RT) reported earnings on Thur 7 Apr 2016 (a/h)

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Ruby Tuesday shares dropped after an earnings miss on the top and bottom line. The company also announced that its CFO had resigned to move on to another company.

Ruby Tuesday (RT) reported earnings on Thur 8 October 2015 (after close)

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• Ruby Tuesday (RT) The casual restaurant chain posted a loss in the quarter...analysts were looking for a nickel profit. But revenue beat forecasts. Ruby Tuesday points to the closure of some locations and the late date of Labor Day this year, which threw off comparisons to last year's quarterly report.

 

MARYVILLE, Tenn. (AP) _ Ruby Tuesday Inc. (RT) on Thursday reported a fiscal first-quarter loss of $4.2 million, after reporting a profit in the same period a year earlier.

The Maryville, Tennessee-based company said it had a loss of 7 cents per share. Losses, adjusted for one-time gains and costs, came to 3 cents per share.

The restaurant chain posted revenue of $279.5 million in the period.

Ruby Tuesday expects full-year earnings in the range of 12 cents to 17 cents per share.

Ruby Tuesday shares have fallen 3.5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.60, a climb of 11 percent in the last 12 months.

Ruby Tuesday (RT) reported Q1 earnings on Wed 9 April 2014

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Ruby Tuesday Inc. (RT) shares surged 13% to $6.71 on moderate volume after the casual dining chain reported an adjusted fiscal third-quarter loss of 7 cents a share on revenue of $295.6 million. Analysts had forecast a loss of 8 cents a share on revenue of $284.8 million.