Ruby Tuesday Inc. will shift its focus back to its casual-dining roots following a disappointing third quarter. Chief executive James J. “JJ” Buettgen said he was "disappointed" with third-quarter same-store sales, which dropped 2.8 percent at company-owned Ruby Tuesday restaurants and 1.7 percent at domestic franchise locations. He pointed to declining consumer sentiment due to the payroll tax increase, delayed processing of tax returns and bad weather as reasons ...
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Contact: Desiree Torres Desiree.Torres@penton.com