Ruby Tuesday (restaurant)
 |
|
| Public | |
| Traded as | : RT |
| Industry | Restaurant |
| Genre | Casual dining |
| Founded | 1972 Knoxville, Tennessee, United States |
| Founder | Samuel E. Beall, III |
| Headquarters | 150 West Church Avenue Maryville, Tennessee, 37801 United States |
|
Number of locations
|
 540 (2016) |
|
Area served
|
Worldwide |
|
Key people
|
F. Lane Cardwell Jr. (CEO) Todd Burrowes (COO) Michael Moore (CFO/EVP) |
| Products |
American cuisine (burgers • chicken • pasta • ribs • salad bar • seafood • soup • steak) |
| Revenue | US$ 1.126566 billion (2015) |
| US$ 17.63 million (2015) | |
|
US$ -3.194 million (2015) |
|
| Total assets | US$ 929.391 million (2015) |
| Total equity | US$ 465.583 million (2015) |
|
Number of employees
|
32,100 (2015) |
| Website | rubytuesday |
|
Footnotes / references |
|
Ruby Tuesday Inc. (: RT) is an American multinational foodservice retailer that owns, operates, and franchises Ruby Tuesday restaurants. The concept was started in 1972 by Samuel E. (Sandy) Beall, III.
The corporation was formed in 1996 as a reincorporation of Morrison Restaurants Inc. They are headquartered in Maryville, Tennessee, and have 736 locations worldwide.
Their flagship brand is an American cuisine casual dining restaurant chain that is primarily located along the eastern coast of the United States. In 2016, Ruby Tuesday sold the rights to the Lime Fresh Mexican Grill to an undisclosed buyer in an attempt to refocus on the main Ruby Tuesday brand. The company has closed all locations of Wok Hay and Marlin and Ray's. Additionally, they hold development rights to Truffles Grill.
On June 6, 2012, founder and long-time CEO Sandy Beall announced he would be leaving the company.
The restaurant's name was taken directly from The Rolling Stones song, "Ruby Tuesday", which was popular during the time of the first restaurant's inception. The name was suggested to founder Sandy Beall by Bob Hope.
Ruby Tuesday was born out of a $10,000 endowment Sandy Beall had received from a friend and operator of several Pizza Huts to open his own restaurant. With that money, and another $10,000 put together with four of his University of Tennessee fraternity brothers, the first Ruby Tuesday restaurant was opened in 1972. The location was adjacent to the University's Knoxville campus, and although the building still stands, the restaurant has since closed.
...
Wikipedia