Ruby Tuesday, Inc. (NYSE:RT) reported financial results for the fiscal first quarter ended August 30, 2011. Results for the first quarter of 2012 compared to the first quarter of 2011 include: Same-restaurant sales decreased 4.1% at Company-owned Ruby Tuesday restaurants, inclusive of approximately 40 basis points of adverse impact from Hurricane Irene. Net income of $3.1 million compared to prior-year net income of $12.4 million, which included $1.7 million of accounting gains realized from franchise partner acquisitions.

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