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Ruby Tuesday Management Discusses Q4 2012 Results - Earnings Call Transcript

During the quarter, we acquired the Lime Fresh Mexican Grill concept for $24 million and have plans to grow this brand in the future, including 12 to 16 new company units this fiscal year in 20 plus, hopefully, plus-plus in the following year, fiscal '14. We continue on finding contingent months, slice selection process in getting A sites. This is a very well-positioned, high-quality fast casual brand that offers good growth -- that offers very good growth potential and attractive potential cash-on-cash returns. Our current development strategy is focused on a few P1 markets, Florida, Washington, D.C., New York City area, as well as some other major market points up and down the East Coast.

Read the rest of this transcript for free on seekingalpha.com

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