- Same-restaurant sales decreased 4.6% at Company-owned Ruby Tuesday restaurants
- Net loss of $5.8 million, or net income of $13.3 million excluding the following pre-tax expenses: goodwill impairment costs of $16.9 million, debt prepayment penalties and deferred loan fee write-offs related to the high yield transaction of $4.8 million, retirement and severance costs of $4.4 million, restaurant closure costs of $3.8 million, and Lime Fresh Mexican Grill® (“Lime Fresh”) deferred development fee write-off of $1.0 million. This compares to prior-year net income of $13.9 million, or $16.3 million on an adjusted basis. We have included a reconciliation of these items and the related earnings per share impact on the Investor Relations page of the Ruby Tuesday website: www.rubytuesday.com.
- Diluted loss per share of $0.09, or diluted earnings per share of $0.21 excluding the impact of the items noted above, compared to diluted earnings per share of $0.21 for the prior year, or $0.25 on an adjusted basis
Ruby Tuesday Reports Fourth Quarter And Annual Fiscal 2012 Results
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