Ruby Tuesday

Ruby Tuesday puts remodeling program on hold

Company continues to explore strategic alternatives, including possible sale

Ruby Tuesday Inc. has temporarily shelved its remodeling program as it explores strategic alternatives, including a possible sale, executives said Thursday.

“Our remodeling program remains on a temporary hold,” Lane Cardwell, interim CEO of the Maryville, Tenn., casual-dining operator, told analysts after releasing third-quarter earnings.

Last month, Ruby Tuesday said it was exploring strategic alternatives, including a potential sale of the company, as it looked f

All access premium subscription

Why Upgrade your account?


NRN is your one-stop source for foodservice news and business intelligence. Upgrade today and get unlimited online access to all breaking news, in-depth analysis, data and tools. This includes digital versions of NRN flagship reports (Consumer Picks, Top 200) as well as Same Store Sales Data Tables, Quarterly Industry Snapshots and more.


Questions about your account or how to access content?
Contact: Desiree Torres [email protected]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish