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Stock impact report

The Real Reason Ruby Tuesday Is On The Decline [Yahoo! Finance]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: Yahoo! Finance
Any remaining loyal customers of the restaurant chain that shares its name with the Rolling Stones classic find themselves saying farewell again and again as locations continue to close, and the struggling brand fails to find its footing . Things are so bad that there reportedly is only one Ruby Tuesday left in the entire state of Connecticut. Things weren't always this bad. In the early 2000s, Ruby Tuesday was at its peak. The company's stock traded comfortably above $30 per share, and it operated more than 900 locations across the United States. But it was actually around this time that things began to drift off-course. Sales began to decline around 2006. The chain's attempts to regain momentum resulted in a series of moves that failed to generate traction with customers. According to Fortune , Ruby Tuesday agreed to sell itself to NRD Capital Management in 2017. The $146 million acquisition was preceded by more the closing of over 100 locations. The move also made the brand priva Show less Read more
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