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Ruby Tuesday

Shareholders Look to Stop Ruby Tuesday Deal

Claiming that the deal “significantly undervalues” Ruby Tuesday, a proposed class of Ruby Tuesday Inc. shareholders filed suit against the company and its impending sale in Tennessee federal court last week.

Ruby Tuesday to be Taken Private in $146 Million Purchase

Struggling casual dining chain Ruby Tuesday is being purchased by private equity group NRD Capital in a deal valued at $146 million.The price, at $2.40 per share, is a 37 percent premium over Ruby Tuesday’s closing share price on March 13, the day before the company said it would explore strategic alternatives.

Ruby Tuesday Inks Deal to Open 5 Restaurants in Qatar

Ruby Tuesday announced that the company has signed a development agreement with Al Bairaq Trading Import & Export Co. W.L.L. to expand the brand’s presence into Qatar. The Qatari-based franchise group, owned and operated by Alaa Subhi Abbas, will open five restaurants in Qatar over the next five years.

Can a Salad Bar and a New President Save Ruby Tuesday?

After another quarter of declining sales and traffic, Ruby Tuesday is turning to a new president and CEO while focusing on its garden bar offerings in an attempt to turn the brand around.The company named former Church’s Chicken CEO James F.

A Sale Could Be in Ruby Tuesday's Future

In the wake of its preliminary third quarter fiscal results, Ruby Tuesday says it is ready to explore “strategic alternatives” as it looks to reverse an alarming downturn that included the closing of 95 restaurants in the first quarter of 2017.

Ruby Tuesday Giving Away a Trip to Las Vegas

Ruby Tuesday is now offering guests a chance to participate in the Miller Lite Hoops Instant Win Game, with over 25 chances to win a grand prize trip for two to Las Vegas during the opening weekend of March basketball 2018—plus thousands of other prizes.

Ruby Tuesday Renovates Jacksonville and Charlotte Restaurants

Ruby Tuesday announced it has completed the remodels of all seven restaurants in the Charlotte, North Carolina area. The restaurants have undergone updates to better reflect the company's focus on fresh ingredients and appeal to today’s guests.

Ruby Tuesday Giving Away Free Food for a Year

Ruby Tuesday announced a month-long “Sweet Sweeps” in February where five lucky sweepstakes entrants can win Free Ruby Tuesday for a Year. From February 1 through February 19, the company is also offering special pricing on entrée add-ons like lobster tail and grilled shrimp, bottles of featured wine, and $15 bonus cards for every $50 in Ruby Tuesday gift cards purchased.

Ruby Tuesday Unveils Upgraded Salad Bar Nationwide

Keeping those New Year’s resolutions just got a lot easier thanks to Ruby Tuesday’s new Endless Garden Bar. Ruby Tuesday has an all-new, expanded Endless Garden Bar with more than 55 ingredients—nearly double the number of items offered on the previous Garden Bar—at all locations.

Total Revenue Down Nearly 18 Percent at Ruby Tuesday

Ruby Tuesday, Inc. announced financial results for the fiscal quarter ended November 29.Total revenue declined 17.7 percent to $214.7 million, which included a net reduction of 109 company-owned Ruby Tuesday restaurants compared to the second quarter of the prior fiscal year, including 95 restaurants closed in connection with the Fresh Start Initiative announced on August 11.

Ruby Tuesday Revamps Menu With 14 New Items

Ruby Tuesday today unveiled fresh new entrées, appetizers, drinks, and desserts all showcased in redesigned lunch, dinner, drink, and dessert menus.To better serve guests, Ruby Tuesday added 14 new menu items that feature high quality ingredients and intriguing flavor profiles, all aimed at offering guests better, and contemporary dining choices.

Restaurants Close, Sales Slide at Ruby Tuesday

Ruby Tuesday lost nearly $40 million and closed 95 restaurants in the fiscal first quarter of 2017, the restaurant reported Friday.Since the first quarter of last year, Ruby Tuesday has closed 109 company-owned restaurants and seen its revenue fall by 8.

Ruby Tuesday to Consolidate Restaurant Support Center

Ruby Tuesday, Inc. announced that it has entered into an agreement with Altar’d State to sell its Church Street property for $2.8 million. The 40,000-square-foot building is located at 150 W. Church Avenue in Maryville, Tennessee.