What is Ruby Tuesday Company Operated Sales (USD Mil)?
Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
Ruby Tuesday's Company Operated Sales (USD Mil) for the quarter that ended in Aug. 2017 was 216.41
, which lower from pervious quarter (May. 2017)'s result by 14.76%.
Ruby Tuesday's Company Operated Sales (USD Mil) for the annual that ended in May. 2017 was 948.40
, which lower from pervious year (May. 2016)'s result by 12.59%.
The historical rank and industry rank for Ruby Tuesday's Company Operated Sales (USD Mil) or its related term are showing as below:
RT's Company Operated Sales (USD Mil) is not ranked *
in the Restaurants industry.
Industry Median: * Ranked among companies with meaningful Company Operated Sales (USD Mil) only.
Ruby Tuesday Company Operated Sales (USD Mil) Historical Data
The historical data trend for Ruby Tuesday's Company Operated Sales (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Ruby Tuesday Company Operated Sales (USD Mil) Chart
Ruby Tuesday (NYSE:RT) Company Operated Sales (USD Mil) Explanation
Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
One of the key differences between franchise and chain stores is the amount of risk involved. When a company chooses to expand with chain stores, it assumes all of the risks on its own. It funds the entire expansion project. By comparison, when a company franchises, it passes some of the risks onto other investors. Franchising represents less risk for the parent company, but it shifts the risk to the franchisee.
Ruby Tuesday Company Operated Sales (USD Mil) Related Terms
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Ruby Tuesday Inc was incorporated in the state of Georgia. The first Ruby Tuesday(r) restaurant was opened in 1972 in Knoxville, Tennessee near the campus of the University of Tennessee. The Company owns, operates and franchises the Ruby Tuesday casual dining restaurant chain. The Company is subject to a variety of federal, state, and international laws governing franchise sales and the franchise relationship.
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