MARYVILLE Tenn. A month after acknowledging it had “underestimated the impact” of higher gas prices and general economic factors on consumer spending, Ruby Tuesday Inc. on Wednesday reported a 48.5-percent plunge in first-quarter profit from a year earlier. The results reflected negative same-store sales and the costs of a two-year remodeling initiative. The operator or franchisor of 935 namesake casual-dining restaurants said it would attempt to firm up sales during the remainder of ...
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!