Browse the latest corporate news from Ruby Tuesday.
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MARYVILLE, Tenn.--(BUSINESS WIRE)--May. 7, 2012-- Ruby Tuesday, Inc. (the "Company") announced today that it had priced a private offering to eligible purchasers of $250 million of 7 5/8% Senior Notes due 2020 (the “Notes”) at an offering price of 98.536% of the principal amount thereof. The proceeds from the sale of the Notes will be used to repay all outstanding indebtedness under the Company’s revolving credit facility, to redeem all of its outstanding Series B senior notes, to pay off certain of its outstanding mortgage loan obligations and for general corporate purposes, including without limitation to opportunistically repurchase shares of its outstanding common stock and to pursue potential strategic acquisitions.
The Notes have not been registered under the Securities Act of 1933 or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws... |
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MARYVILLE, Tenn., May 01, 2012 (BUSINESS WIRE) --Ruby Tuesday, Inc. (the "Company") announced today that it had commenced a private offering to eligible purchasers of Senior Notes due 2020 (the "Notes"). The proceeds from the sale of the Notes will be used to repay all outstanding indebtedness under the Company's revolving credit facility, to redeem all of its outstanding Series B senior notes, to pay off certain of its outstanding mortgage loan obligations and for general corporate purposes, including without limitation to opportunistically repurchase shares of its outstanding common stock and to pursue potential strategic acquisitions.
The Notes have not been registered under the Securities Act of 1933 or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws... |
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Quarterly Highlights Include:
Announced Plans to Acquire Lime Fresh Mexican Grill®
Launched New Television Advertising Campaign
Increased Projected Annualized Cost Savings to $40 Million
Announced Fourth Quarter Plans to Close 25 to 27 Underperforming Restaurants
MARYVILLE, Tenn.--(BUSINESS WIRE)--Ruby Tuesday, Inc. (NYSE: RT) today reported financial results for the fiscal third quarter ended February 28, 2012.
Results for the third quarter of 2012 compared to the third quarter of 2011 include:
Same-restaurant sales decreased 5.0% at Company-owned Ruby Tuesday restaurants
Net income of $4.5 million, or $11.6 million excluding pre-tax impairment costs of $9.6 million in the third fiscal quarter related to the planned closure of 25-27 underperforming restaurants during the fourth quarter and $0... |
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Leading casual dining chain selects fully-integrated solution to improve overall customer dining experience.
COLUMBIA, Md., March 20, 2012 /PRNewswire/ -- MICROS Systems, Inc. (NASDAQ: MCRS), a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce that Ruby Tuesday, Inc. has implemented the MICROS Table Management System (TMS), across 750+ locations. A fully-integrated component of the MICROS Restaurant Enterprise Solution (RES) point-of-sale software solution, MICROS TMS provides visibility to all aspects of the guest dining experience allowing Ruby Tuesday complete control from the moment the first guest is greeted until the last diner is seated.
The MICROS TMS delivers a user-friendly way of managing reservations, customer preferences, seating capacity, wait list management, and special requests, all while easing tedious restaurant management tasks, thus allowing more time to focus on the guest... |
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MARYVILLE, Tenn.--(BUSINESS WIRE)--Feb. 28, 2012-- Ruby Tuesday, Inc. (NYSE:RT) will be presenting at the BAML Consumer Conference in New York on Thursday, March 8, 2012, at 8:00 a.m. The presentation will be webcast live and archived on the Ruby Tuesday website.
The Company will also host its quarterly conference call to discuss third quarter earnings results on Wednesday, April 4, 2012, at 5:00 p.m. Eastern Time. The call will be webcast and can be accessed live at the following websites:
www.rubytuesday.com (on the Investor Relations page of the Company’s website)
www.earnings.com
The conference presentation and the quarterly earnings call will be archived on the Company’s website for two weeks following the date of the respective event... |
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MARYVILLE, Tenn.--(BUSINESS WIRE)--Ruby Tuesday, Inc. (NYSE: RT) announced today that Marguerite N. Duffy, its Chief Financial Officer, will retire from her position effective as of June 5, 2012. The Company is commencing a search for her successor.
A long-time member of Ruby Tuesday’s executive team, Duffy was named Chief Financial Officer in 2001 after having directed each of the finance areas of the Company, including Corporate Accounting, Investor Relations, Financial and Strategic Planning, and Operations Finance, since joining the Company in 1990. During her tenure, the Company spun off two of its businesses into two new public companies, began franchising its brands, issued equity in a public offering that enabled the Company to strengthen its balance sheet, closed numerous debt financings, bought and sold several businesses and, most recently, implemented a sale leaseback program to raise proceeds that will provide the Company with additional flexibility... |
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Call on the Internet and Present at the 14th Annual ICR XChange Conference
MARYVILLE, Tenn.--(BUSINESS WIRE)--Dec. 21, 2011-- Ruby Tuesday, Inc. (NYSE:RT), will host its quarterly conference call to discuss second quarter earnings results on Thursday, January 5,2012 at 5:00 p.m. Eastern Time. The call is being webcast and can be accessed live at the following websites:
www.rubytuesday.com (on the Investor Relations page of the Company’s website)
www.earnings.com
The call will be archived on the Company’s website through January 19, 2012.
The company will also be presenting at the ICR XChange Conference in Miami on January 12, 2012 at 10:40 a.m. The presentation will be webcast live and also archived on the Ruby Tuesday website noted above... |
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Repurchases 2 Million Shares of Its Common Stock, and Reiterates Fiscal Year 2012 Free Cash Flow Guidance
MARYVILLE, Tenn., Oct 05, 2011 (BUSINESS WIRE) -- Ruby Tuesday, Inc. (NYSE: RT) today 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
Diluted earnings per share of $0... |
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MARYVILLE, Tenn., Sep 27, 2011 (BUSINESS WIRE) -- Ruby Tuesday, Inc. (NYSE:RT), will host its quarterly conference call to discuss first quarter earnings results on Wednesday, October 5, 2011 at 5:00 p.m. Eastern Time. The call is being webcast and can be accessed live at the following websites:
www.rubytuesday.com (on the Investor Relations page of the Company's website)
www.earnings.com
The call will be archived on the Company's website through October 19, 2011.
Ruby Tuesday, Inc. (NYSE: RT) owns and operates and franchises nearly 850 restaurants throughout the United States and in selected international locations.
SOURCE: Ruby Tuesday, Inc. |
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MARYVILLE, Tenn.--(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE: RT), Becker Drapkin Management, L.P. ("Becker Drapkin"), and Carlson Capital, L.P. today announced that Steven R. Becker and Matthew A. Drapkin have been appointed as independent members of the Board of Directors of Ruby Tuesday, effective June 30, 2011. In connection with the appointment of Messrs. Becker and Drapkin to the Board of Ruby Tuesday, Becker Drapkin has agreed to withdraw its separate nomination of Mr. Becker, Mr. Drapkin, and Michael Brodsky to the Board of Directors and to vote in favor of each of the Board's nominees for election at the 2011 Annual Meeting of Shareholders.
The Company will increase the size of its Board from eight to nine members with the appointment of Messrs... |
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Ruby Tuesday has engaged MonkeyMedia Software's Strategy, Education and Software services to grow their catering revenue channel across their entire system VANCOUVER, British Columbia--(BUSINESS WIRE)--MonkeyMedia Software®, a provider of strategy, education and software services for multi-unit restaurant operators, today announced that Ruby Tuesday has selected MonkeyCatering™ to enable end-to-end visibility and control over the company's catering business. Ruby Tuesday was founded in 1972 and has become one of the best-known brands in casual dining, with more than 800 restaurants across the United States and around the globe.
MonkeyMedia Software's strategy and education services will support Ruby Tuesday's growing catering business while ensuring excellent customer service... |
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MARYVILLE, Tenn., Mar 01, 2011 (BUSINESS WIRE) -- Ruby Tuesday, Inc. (NYSE: RT) will be presenting at the Raymond James 32nd Annual Institutional Investors Conference on Monday, March 7th at 7:30 a.m. in Orlando. The Company will also be presenting at the Bank of America Merrill Lynch 2011 Consumer Conference in New York City on Wednesday, March 9th at 8:25 a.m. Both presentations will be available to interested parties via a live audio webcast at the website below and will be archived through March 23, 2011.
www.rubytuesday.com (on the Investor Relations page of the Company's website)
Ruby Tuesday, Inc. (NYSE: RT) owns and operates and franchises nearly 900 restaurants throughout the United States and in selected international locations... |
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MARYVILLE, Tenn. --(BUSINESS WIRE)-- Ruby Tuesday, Inc., the popular high-quality casual dining restaurant chain, and dunnhumbyUSA, an international leader in consumer insights, today announced a three-year partnership to incorporate continually updated information about customer behavior and preferences into day-to-day decision making at the company's restaurants across the U.S. This agreement represents an exclusive partnership for dunnhumbyUSA in the casual-dining sector of the foodservice industry.
"We're excited about where our brand is today and that our guests have noticed the changes in our restaurants," said Sandy Beall, Chairman, CEO and founder of Ruby Tuesday, Inc. "We need to continue to communicate regularly with our guests so that they want to visit us more often, and we believe dunnhumbyUSA can help us achieve that," added Beall... |
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MARYVILLE, Tenn., Dec 03, 2010 (BUSINESS WIRE) -- Ruby Tuesday, Inc. (NYSE: RT), will be presenting at the Credit Suisse Holiday conference on Monday, December 6th at 12:05 p.m. Eastern time in Orlando, Florida. The live presentation will be available to interested parties via an audio webcast at the website below: www.rubytuesday.com (on the Investor Relations page of the Company's website).
The presentation will be archived through December 20, 2010.
Ruby Tuesday, Inc. (NYSE: RT) owns and operates and franchises nearly 900 restaurants throughout the United States and in selected international locations.
SOURCE: Ruby Tuesday, Inc.
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MARYVILLE, Tenn.--(BUSINESS WIRE)-- Ruby Tuesday announced today that all its 674 company-owned restaurants are now smoke-free. This effort is another step the brand is taking to provide a more enjoyable dining experience for its guests and promote wellness for its team members. Ruby Tuesday is making the announcement in conjunction with the American Cancer Society's Great American Smokeout, which is recognized on November 18.
"In keeping with our high-quality casual dining mission, this action further supports our Fresh Taste, Fresh Place brand transformation," says Sandy Beall, the founder and CEO of Ruby Tuesday. "We care about the health and comfort of our guests and team members and feel it is the right thing to do."
The American Cancer Society agrees... |
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MARYVILLE, Tenn. -(BUSINESS WIRE)- Ruby Tuesday, Inc., a leader in high-quality casual dining is increasing its franchised restaurant presence in Hawaii. RT Hawaii Restaurants, Inc. plans to open three new Ruby Tuesday restaurants within the next three years; the first restaurant is slated to open in June 2011. Principal investors in the company, Ted Davenport and Rick Nakashima, are proven leaders. They currently own and operate Ruby Tuesday restaurants in Honolulu, Mililani, and Kaneohe.
"Ruby Tuesday is a proven concept and we're confident these additional restaurants will be as successful as the others. We are very grateful for our loyal guests" ."We look forward to developing again in Hawaii," Nakashima said. "We opened our first restaurants between 2004 and 2006 and we're very excited to expand from our current four restaurants to seven," he added... |
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MARYVILLE, Tenn. (BUSINESS WIRE) -- Ruby Tuesday, a leading casual dining restaurant, has named Dan Dillon its Senior Vice President of Brand Development. He was most recently at OSI Restaurant Partners, where he served as Chief Marketing Officer of the Outback Steakhouse chain of restaurants.
In his new role with Ruby Tuesday, Dillon oversees brand strategy, development, marketing, research, culinary and purchasing.
He previously served as Senior Vice President of Portfolio Strategy for The Coca-Cola Company and held marketing posts at ConAgra Foods and the H.J. Heinz Company.
"We are excited to have Dan join our leadership team," said Sandy Beall, Founder and CEO of Ruby Tuesday. "He brings extensive experience in building powerful brands, and we look forward to building on the strength and value of his previous successes... |
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MARYVILLE, Tenn. (BUSINESS WIRE) -- Ruby Tuesday, Inc. (NYSE: RT), will be presenting at the Jefferies 2010 Global Consumer Conference on Wednesday, June 23rd at 10:15 a.m. Eastern Time. The presentation will also be available live on the Investor Relations page of the Company's website: http://phx.corporate-ir.net/phoenix.zhtml?c=83799&p=irol-IRHome
The Company will hold its quarterly conference call to discuss fourth quarter results on Thursday, July 22nd at 4:30 p.m. Eastern Time. The call is being webcast and can be accessed live at the following websites:
www.rubytuesday.com
www.earnings.com
Both events will be archived for two weeks following the conclusion of each event.
Ruby Tuesday, Inc... |
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MARYVILLE, Tenn. (BUSINESS WIRE) -- Ruby Tuesday, Inc. (NYSE: RT), will be presenting at the Jefferies 2010 Global Consumer Conference on Wednesday, June 23rd at 10:15 a.m. Eastern Time. The presentation will also be available live on the Investor Relations page of the Company's website: http://phx.corporate-ir.net/phoenix.zhtml?c=83799&p=irol-IRHome
The Company will hold its quarterly conference call to discuss fourth quarter results on Thursday, July 22nd at 4:30 p.m. Eastern Time. The call is being webcast and can be accessed live at the following websites:
www.rubytuesday.com
www.earnings.com
Both events will be archived for two weeks following the conclusion of each event.
Ruby Tuesday, Inc... |
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MARYVILLE, Tenn. --(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE: RT) today announced that same-restaurant sales for Company-owned restaurants were -0.8% to -1.0% in the third quarter ended March 2, 2010, compared to the same quarter of the prior year. Severe weather during the quarter is estimated to have reduced same-restaurant sales by 1.5-2%. Same-restaurant sales at domestic franchised restaurants decreased 5.3-5.5% in the third quarter compared to the same quarter of the prior year.
Sandy Beall, Founder and CEO, commented, "We are excited about the trends we are seeing in the Ruby Tuesday brand. Our same restaurant sales have improved sequentially over the past five quarters and were the best they have been in three years, even increasing slightly in January and February, despite the worst weather in memory across many of our core markets... |
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This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document. 
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Ruby Tuesday is driven by uncompromising freshness and quality, gracious hospitality and a growing list of Five-Star restaurants destined to be the envy of the casual dining business.
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