Chain posts best same-store sales in five years
Ruby Tuesday reported higher second-quarter profit and its best same-store sales result in five years, but the brand has no plans to declare its turnaround finished, chief executive Sandy Beall said. Beall told investors during a conference call Wednesday that Ruby Tuesday’s brand repositioning efforts, cost controls and newly secured credit facility would enable it to move forward with its growth plans. The chain plans to reinvest future cash flow into new products and marketing ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?