Company also debuts new seafood concept, Marlin & Ray’s
Ruby Tuesday Inc. cited severe weather for a 10-percent drop in net income and negative same-store sales for the third quarter. During the quarter, the more than 900-unit company also opened the first branch of its new seafood concept, Marlin & Ray’s, in a converted Ruby Tuesday restaurant in its headquarters city of Maryville, Tenn. Ruby Tuesday reported Wednesday net income of $16 million, or 25 cents per share for the March 1-ended quarter, compared with earnings of $17.8 ...
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