On Friday, Ruby Tuesday, Inc. (NYSE:RT)’s shares surged 5.63% to $6.76, stated financial results for the fiscal third quarter ended March 3, 2015.
Results for the third quarter comprise:
- Net loss from ongoing operations of $769,000 contrast to net loss of $7.4 million from ongoing operations for the same quarter in the preceding year. As shown below, not including special items, net loss from ongoing operations was $769,000 contrast to a net loss from ongoing operations of $4.5 million in the same quarter of the preceding year.
- Diluted loss per share from ongoing operations of $0.01 contrast to a diluted loss per share from ongoing operations of $0.12 in the same quarter of the preceding year. As shown below, not including special items, diluted loss per share from ongoing operations was $0.01 contrast to a diluted loss per share from ongoing operations of $0.07 in the same quarter of the preceding year.
- Total proceed from ongoing operations of $285.9 million contrast to $295.6 million in the same quarter of the preceding year, a decrease of $9.6 million. This decrease as compared to the same quarter of the preceding year reflects the closing of 22 restaurants and a same-restaurant sales decline of 0.3% at Company-owned Ruby Tuesday restaurants. Same-restaurant guest counts at Company-owned Ruby Tuesday restaurants were down 1.0% contrast to the same quarter of the preceding year.
- Total book debt of $251.3 million at the end of the third quarter contrast to $266.9 million at the end of the preceding year third quarter, a decrease of $15.6 million.
- Ended the quarter with $61.2 million in cash on hand contrast to $44.5 million at the end of the preceding year quarter, an raise of $16.7 million.
Restaurant Openings/Closings:
- The Company closed five Ruby Tuesday restaurants during the quarter. International franchisees opened one and closed three Ruby Tuesday restaurants during the quarter.
- The Company closed one Lime Fresh restaurant and franchisees closed one Lime Fresh restaurant during the quarter.
Ruby Tuesday, Inc., together with its auxiliaries, owns, develops, operates, and franchises a chain of casual dining restaurants in the United States, Guam, and internationally. As of September 2, 2014, the company owned and operated 666 Ruby Tuesday restaurants and franchised 83 Ruby Tuesday restaurants; and owned and operated 20 Lime Fresh restaurants and franchised 7 Lime Fresh restaurants. Ruby Tuesday, Inc. was founded in 1920 and is based in Maryville, Tennessee.
Symantec Corporation (NASDAQ:SYMC)’s shares gained 5.59% to $25.58, during the last trading session on Friday, as Symantec Corporation will host its 2015 Financial Analyst Day on Friday, April 17, from 9:00 a.m. to 2:00 p.m. Eastern Time. Executive presentations will provide an overview of the company’s strategy and product plans, in addition to financial targets for its security and information administration businesses.
Symantec Corporation, together with its auxiliaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in any environment from mobile devices and enterprise data centers to cloud-based systems.
At the end of Friday’s trade, Hecla Mining Co. (NYSE:HL)’s shares gained 5.47% to $3.28, as Hecla Mining President and CEO, Phillips S. Baker, Jr., will present at the European Gold Forum in Zurich, Switzerland, on Wednesday, April 15, 2015 at 9:30 a.m. (CET). A webcast of the presentation will be accessible at d44.us/?e10play64. A webcast link to the presentation and a PDF of the slide presentation will be accessible on the Company’s website at www.hecla-mining.com.
Mr. Baker will also attend the CIBC Gold Forum in London, on Monday, April 13, 2015, to take part in one-on-one meetings. A PDF of the presentation will be accessible on the Company’s website at www.hecla-mining.com.
Hecla Mining Company, together with its auxiliaries, discovers, attains, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers.
Finally, FireEye, Inc. (NASDAQ:FEYE), ended its Friday’s trading session with 5.31% gain, and closed at $43.24, as FireEye declared it will release financial results for its first quarter 2015 on Thursday, April 30, 2015 after the close of the U.S. markets. FireEye will host a conference call the same day at 5 p.m. ET (2 p.m. PT) to talk about the results.
FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. Its threat prevention solutions comprise appliances covering the Web, email, endpoint, file, and mobile threat vectors.
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