Thursday, April 8, 2010

Ruby Tuesday, Inc. Reports Third Quarter Fiscal 2010 Results

MARYVILLE, Tenn., Apr 07, 2010 (BUSINESS WIRE) --Ruby Tuesday, Inc. (NYSE: RT) today reported diluted earnings per share of $0.28 on net income of $17.8 million for the Company's third quarter of fiscal 2010, which ended on March 2, 2010. This compares to earnings of $0.09 per diluted share on net income of $4.8 million for the third quarter of the prior year. Closure and impairment expenses were $2.3 million pretax ($0.02 per diluted share after tax) in the third quarter of this year, compared to $14.3 million ($0.17 per diluted share after tax) in the third quarter of the prior year. Included in prior year expenses were charges related to the Company's restructuring announced in December 2008.

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