Closing restaurants has been part of the plan all along. This is nothing new.
Company is closing underperforming locations and focusing on organic growth.
The recession may be over in many parts of the economy, but consumers are still not spending. This is exactly what you want to see the company doing during lean times. When consumers start opening their wallets and going out to eat, RT will be poised for growth.
You may get that 10.25 if the MMs decide to manipulate the shares, but this stock is going higher.