Ruby Tuesday Inc.

Public Company, Headquarters Location
150 W Church Ave., Maryville, TN 37801-4936, United States
(800)325-0755, (865)379-5700, (865)379-5004 fax, http://www.ruby-tuesday.com

Primary SIC: Eating Places, Primary NAICS: Full-Service Restaurants
Description: Ruby Tuesday Inc. owns, operates and franchises Ruby Tuesday concept restaurants in the higher end of the bar and grill segment of casual dining. The company opened its first restaurant in 1972 in Knoxville, Tenn. The Ruby Tuesday concept, which at the time consisted of 16 restaurants, was acquired by Morrison Restaurants Inc. in 1982. During the following years, Morrison grew the concept to over 300 restaurants with concentrations in the Northeast, Southeast, Mid-Atlantic and Midwest regions of the United States. In a spin-off transaction that occurred on March 9, 1996, Morrison was reincorporated in Georgia and changed its name to Ruby Tuesday, Inc. The company began its traditional franchise program in 1997 with the opening of one domestically and two internationally franchised Ruby Tuesday restaurants. The following year, the company introduced its "franchise partnership program," under which it owns 1 percent or 50 percent of the equity of each of the entities that own and operate Ruby Tuesday franchised restaurants. As of June 3, 2008, the company owned and operated 721 casual dining restaurants, located in 28 states and the District of Columbia. Additionally, the franchise partnerships operated 122 restaurants and traditional franchisees operated 48 domestic and 54 international restaurants.Retail: Restaurant chain operator. Finance: Franchises casual-dining restaurants.