Ruby Tuesday Franchisees from Around the World Gather for Annual Meeting

Date Posted: 10/3/2006

KNOXVILLE, Tenn., Oct 02, 2006 (BUSINESS WIRE) -- They came from a dozen countries and spent four days sharing strategies, standards, and a vision of future growth and development. They made hand-crafted burgers, toured restaurant kitchens, attended classes, and, in between, played their own World Cup of Soccer, chain restaurant-style. They are the owners and operators of Ruby Tuesday franchises in international locations that range from Iceland to India, and they gathered at the world headquarters of the company that is one of the leading casual dining brands in America and abroad for an annual meeting and awards ceremony in mid September.

"This event is an opportunity to bring together the people who are standard bearers for our brand in the four corners of the world," said Mark Ingram, Ruby Tuesday's President of Franchise Development. "They exchange ideas, listen and learn - in significant detail - about our latest innovations, processes, and management tools, and go home to run even more successful Ruby Tuesdays in their respective countries and territories," he added. "They, and we, also have a lot of fun."

The 2006 International Franchisee of the Year was presented to Carlos and Rolando Musiet, the franchisees for Chile, where there are now nine Ruby Tuesday locations, with two more set to open in the coming 12 months. The Chilean restaurants have had very strong same-restaurant sales increases year over year since the first one opened there in early 1999.

Other awards were presented to the franchisee in Iceland for having the greatest same-restaurant sales increase and to the franchisee in Hawaii for having the highest individual restaurant sales (even though Hawaii is a state and not a foreign country, Ruby Tuesday treats the islands as an international franchise territory).

Ruby Tuesday, Inc. owns, operates, and franchises more than 850 restaurants in 42 states, the District of Columbia and Puerto Rico, and in 13 countries. Its stock is traded on the New York Stock Exchange.

SOURCE: Ruby Tuesday, Inc.

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