- Positive same-restaurant sales of 4.2% at Company-owned Ruby Tuesday restaurants
- Restaurant-level operating margin of 15.1%, compared to 13.7% for the prior year, an improvement of 140 basis points
- Net income of $4.6 million, compared to prior-year net income of $0.4 million
- Diluted earnings per share of $0.07, compared to diluted earnings per share of $0.01 for the prior year
- Negotiated a new five-year, $320 million revolving credit facility with attractive pricing and flexibility, which closed on December 1st
- Book debt to EBITDA ratio of 2.03 represents an improvement over the prior-year ratio of 2.57
Wednesday, January 5, 2011
Ruby Tuesday Reports Positive Same-Restaurant Sales of 4.2%
Image via WikipediaHighlights for the second quarter of 2011 compared to the second quarter of 2010 include:
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