Ruby Tuesday Promotes Jill Golder to Executive Vice President and Chief Financial Officer

  Ruby Tuesday Promotes Jill Golder to Executive Vice President and Chief
  Financial Officer

Business Wire

MARYVILLE, Tenn. -- June 26, 2014

Ruby Tuesday, Inc. (NYSE: RT) today announced that Jill Golder has been
promoted to Executive Vice President and Chief Financial Officer effective
immediately, succeeding Michael Moore who announced his retirement. Ms. Golder
joined Ruby Tuesday on April 15, 2013 as Senior Vice President, Finance,
initially leading Financial Planning and Analysis, and Marketing Analytics,
and assumed leadership of Information Technology and Investor Relations during
the last year. As Chief Financial Officer, Ms. Golder will manage all areas of
Corporate Finance, Accounting, Investor Relations, Internal Audit, Supply
Chain and Information Technology. Mr. Moore will remain as an advisor to the
Ruby Tuesday Executive Team and to Ms. Golder to support the transition until
his retirement in August.

Mr. Moore joined Ruby Tuesday as Executive Vice President and Chief Financial
Officer in April 2011. Prior to joining Ruby Tuesday, Mr. Moore served as
Executive Vice President and Chief Financial Officer of Pamida Stores and
Interim Chief Financial Officer of Kellwood, Inc., both portfolio companies of
Sun Capital Partners.

Ms. Golder has over 25 years of finance and restaurant industry experience.
Prior to joining Ruby Tuesday, she was the Chief Financial Officer for
Cooper’s Hawk Winery & Restaurants. Ms. Golder spent 23 years at Darden
Restaurants holding progressively responsible positions in finance. During her
last 10 years with Darden, Ms. Golder held the position of Senior Vice
President, Finance, leading finance for brands including Olive Garden, Red
Lobster, and the Specialty Restaurant Group.

Ms. Golder serves on the University of Tennessee Economics Advisory Council.
She earned a Bachelor of Arts degree with a major in Economics at Kalamazoo
College and a Masters in Business Administration from the University of
Chicago Booth School of Business.

J.J. Buettgen, Chairman of the Board, President and CEO of Ruby Tuesday, Inc.,
said, “On behalf of the Board of Directors and the entire Company, we
congratulate Jill on her promotion. Jill has a track record of partnering with
Marketing, Culinary and Operations developing insights and KPI’s that focus on
strengthening sales and building sustainable business models. With a long
tenure of both financial and restaurant experience, we believe Jill is ideally
suited to lead our finance organization as we continue our brand
transformation, and work to build long-term value for our shareholders. We
would also like to thank Michael for his many contributions to Ruby Tuesday
during his tenure, wish he and his family all the best in retirement, and
thank him for supporting us during this transition.”

                              ABOUT RUBY TUESDAY

Ruby Tuesday, Inc. has 755 Company-owned, operated, and/or franchised Ruby
Tuesday brand restaurants in 45 states, the District of Columbia,11 foreign
countries, and Guam, in addition to 28 Company-owned and/or franchised Lime
Fresh brand restaurants in five states, the District of Columbia, and one
foreign country. As of March 4, 2014, we owned and operated 679 Ruby Tuesday
restaurants and franchised 76 Ruby Tuesday restaurants, comprised of 31
domestic and 45 international restaurants. We also owned and operated 20 Lime
Fresh restaurants and franchised eight Lime Fresh restaurants, comprised of
six domestic and two international restaurants. Our Company-owned and operated
restaurants are concentrated primarily in the Southeast, Northeast,
Mid-Atlantic, and Midwest of the United States, which we consider to be our
core markets.

Ruby Tuesday, Inc. is traded on the New York Stock Exchange (Symbol: RT).

Special Note Regarding Forward-Looking Information

This press release contains various forward-looking statements, which
represent our expectations or beliefs concerning future events, including one
or more of the following: future financial performance, future capital
expenditures, the effect of strategic initiatives (including cost-cutting
initiatives), sales of our real estate, future borrowings and repayments of
debt, availability of financing on terms attractive to the Company, compliance
with financial covenants in our debt instruments, restaurant growth (both
Company-owned and franchised), payment of dividends, stock and bond
repurchases, restaurant acquisitions, and changes in senior management and in
the Board of Directors. We caution the reader that a number of important
factors and uncertainties could, individually or in the aggregate, cause our
actual results to differ materially from those included in the forward-looking
statements (such statements include, but are not limited to, statements
relating to cost savings that we estimate may result from any programs we
implement, our estimates of future capital spending, our targets for annual
growth in same-restaurant sales and average annual sales per restaurant, and
the benefits of our television marketing), including, without limitation, the
following: general economic conditions; changes in promotional, couponing and
advertising strategies; changes in our customers’ disposable income; consumer
spending trends and habits; increased competition in the restaurant market;
laws and regulations affecting labor and employee benefit costs, including
further potential increases in state and federally mandated minimum wages, and
healthcare reform; customers’ acceptance of changes in menu items; changes in
the availability and cost of capital; potential limitations imposed by debt
covenants under our debt instruments; mall-traffic trends; weather conditions
in the regions in which Company-owned and franchised restaurants are operated;
costs and availability of food and beverage inventory; our ability to attract
and retain qualified managers, franchisees and team members; impact of
adoption of new accounting standards; impact of food-borne illnesses resulting
from an outbreak at either one of our restaurant concepts or other competing
restaurant concepts; effects of actual or threatened future terrorist attacks
in the United States; and significant fluctuations in energy prices.

Contact:

Ruby Tuesday, Inc.
Jill Golder, 865-379-5700
EVP and Chief Financial Officer
 
Press spacebar to pause and continue. Press esc to stop.