Ruby Tuesday Inc. fell in the extended session Thursday after the casual-dining chain reported a wider loss following a double-digit drop in revenue. Ruby Tuesday shares fell 19% to $2.87 after hours. The company reported a wider adjusted second-quarter loss of 18 cents a share, compared with 4 cents a share in the year-ago quarter. Ruby Tuesday reported second-quarter revenue of $214.7 million, a decline of nearly 18% from the year-ago quarter.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News