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Stock impact report

Ruby Tuesday, Inc. Expands to Qatar

RUBY TUESDAY (RT) 
US:NYSE Investor Relations: rubytuesday.com/investors/ir-home
Company Research Source: Business Wire
Signs Development Agreement with Al Bairaq Trading Import & Export Co. W.L.L. for Five Restaurants MARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday (NYSE:RT) today announced that the Company has signed a development agreement with Al Bairaq Trading Import & Export Co. W.L.L. to expand the brand’s presence into Qatar. The Qatari-based franchise group, owned and operated by Alaa Subhi Abbas, will open five restaurants in Qatar over the next five years. “International franchising provides a great opportunity for Ruby Tuesday to strategically grow into new markets, leveraging the knowledge and expertise of local area operators,” said Jim Hyatt, President and Chief Executive Officer of Ruby Tuesday. “Our master franchisee, NAC/Gourmania, is an experienced group and we are pleased to welcome a new franchisee, Al Bairaq, to the Ruby Tuesday family. We will continue to seek out new, highly qualified operato Show less Read more
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