MIAMI (WSVN) - Ruby Tuesday has announced it will be closing nearly 100 locations nationwide.
Shares of the restaurant chain fell more than 10 percent, Thursday, after reporting a fourth-quarter net loss of $27.6 million.
The restaurants will be closing by the end of 2016.
Ruby Tuesday has yet to specify what restaurants will close.
Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.