$6.82
0.44 (+6.81%)
Ruby Tuesday, Inc. (RT)
CAPS Rating:
The Company owns and operates the Ruby Tuesday concept in the bar and grill segment of casual dining. It also offers franchises for the Ruby Tuesday concept in domestic and international markets.

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Once a food chain starts cutting back on advertisement, reduced traffic and declining sales follow. The Co is closing as many stores as it opens, cutting advertising, increasing spending to remake existing stores and revenues are forecast to decline for the next two quarters. Not a pretty picture.