Free Company Profiles
Ruby Tuesday operates a national chain of restaurants known for their salad bar and also serves steaks, sandwiches, soups, ribs, burgers and platters. Ruby Tuesday offers curbside to-go service where customers can park their car outside of restaurants and have food delivered to them ready to go.
The company operates 709 Ruby Tuesday restaurants and 77 franchised restaurants in 45 States, the District of Columbia, Guam and 11 foreign countries. Ruby Tuesday restaurants are concentrated primarily in the Southeast, Northeast, Mid-Atlantic and Midwestern United States.
Restaurants now serve made-from-scratch garlic biscuits free with entrees.
In fiscal 2012, Ruby Tuesday reported revenues of $1.32 billion, up from $1.26 billion, and net loss of $188,000.
The company announced in January plans to close and exit 13 Marlin & Ray's restaurants and one Wok Hay restaurant, close two Company-developed Lime Fresh restaurants, and seek a buyer for the Truffles Grill concept which it currently licenses.
The company said it would open 10-12 Lime Fresh restaurants in 2013 and close six-to-eight company-owned Ruby Tuesday restaurants.
The company was formed in 1972, when Sandy Beall and four of his fraternity buddies from the University of Tennessee opened the first Ruby Tuesday restaurant adjacent to the college campus in Knoxville. It was Sandy's dream to create a restaurant which offered great food at a great price in a fun, friendly atmosphere. The restaurant was named after a Rolling Stones song.
The company was acquired by Morrison Restaurants Inc. in 1982 and changed its name to Ruby Tuesday Inc. in 1996. The company began franchising restaurants in 1997.
- Managed health care plans (PPO)
Updated January 10, 2013