Since first highlighting the Ruby Tuesday, Inc. (NYSE:RT) opportunity last year, on October 17, the company’s shares have risen 27.3%, compared to the S&P 500’s gain of 19.7% over the same period. This gain has been driven by several catalysts and there could be further upside. Ruby Tuesday’s impressive first quarter The company put in a solid fiscal first quarter, reporting widening margins, lower debt and a smaller loss after several years of restructuring. During the quarter, same-store sales increased by 1.1% overall, with same-store sales increasing by 6% at the company’s 31 domestic Ruby Tuesday, Inc. (NYSE:RT) franchise restaurants compared to…
Ruby Tuesday, Inc. (RT); Further To Go?
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk