RUBY TUESDAY INC - 10-Q filing on 2014-01-13

Note F - Inventories	6 Months Ended
Dec. 03, 2013
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	NOTE F – INVENTORIES Our merchandise inventory was $18.2 million and $21.8 million as of December 3, 2013 and June 4, 2013, respectively. In order to ensure adequate supply and competitive pricing, we have historically purchased lobster in advance of our needs and stored it in third-party facilities prior to our distributor taking possession of the inventory. The decrease in merchandise inventory from the end of the prior fiscal year is due primarily to a reduction in lobster inventory as we have suspended the advance purchasing of lobster to utilize the lobster that is currently on hand.

Note F - Inventories

6 Months Ended

Dec. 03, 2013

NOTE F – INVENTORIES

Our merchandise inventory was $18.2 million and $21.8 million as of December 3, 2013 and June 4, 2013, respectively. In order to ensure adequate supply and competitive pricing, we have historically purchased lobster in advance of our needs and stored it in third-party facilities prior to our distributor taking possession of the inventory. The decrease in merchandise inventory from the end of the prior fiscal year is due primarily to a reduction in lobster inventory as we have suspended the advance purchasing of lobster to utilize the lobster that is currently on hand.