Heard on the call: Ruby Tuesday Inc.

Company cites promotions, licensing deals as new growth drivers

Ruby Tuesday Inc. said it will look to its younger concepts and licensing deals to spur growth, as well as a continuation of turnaround efforts at its namesake casual-dining chain, including menu promotions.

Ruby Tuesday owns or franchises 650 Ruby Tuesday restaurants and is a licensee of such brands as Lime Fresh Mexican, Wok Hay, Jim ’N Nick’s BBQ and Truffles.

Sandy Beall, the chief executive at Maryville, Tenn.-based Ruby Tuesday, said the company w

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