November 4, 2003 |
Heavy discounts helped boost traffic at Rubio's Restaurants Inc. but not enough to overcome rising food costs, as the Mexican fast-food chain's third-quarter profit dropped 36%, the company reported Monday. The Carlsbad, Calif.-based operator of 145 Rubio's Fresh Mexican Grill restaurants, known for their seafood, earned $836,000, or 9 cents a share, compared with $1.3 million, or 14 cents, a year earlier.
August 7, 2003 |
The systemwide makeover at Rubio's Restaurants Inc. is costing more than anticipated as the food chain swung to a second-quarter loss of $3.2 million, the company said. The Carlsbad, Calif.-based parent of Rubio's Fresh Mexican Grill restaurants lost 35 cents a share for the quarter ended June 29, compared with a profit of $1.1 million, or 12 cents, a year earlier. The quarterly loss was in line with the guidance Rubio's gave last month.
January 5, 2000
David Rocker, a hedge fund manager, acquired a 5.2% stake in Rubio's Restaurants Inc., a Carlsbad, Calif.-based operator of a Mexican fast-food chain. Rocker Partners and Compass Holdings Ltd., both of which are controlled by Rocker, purchased 460,000 common shares as an investment, according to a Securities and Exchange Commission filing. Rubio's' stock has declined more than 28% since its initial public offering of shares at $10.50 each in May. Rubio's shares fell 25 cents to close at $7.
May 22, 1999 |
Shares of Rubio's Restaurants Inc., whose 67 Rubio's Baja Grill Mexican quick-serve restaurants specialize in fish tacos and beach motifs, jumped 38% in their first day of trading. Rubio's rose $3.94 to close at $14.44 in Nasdaq trading of 3.65 million shares. The Carlsbad-based company sold 2.25 million shares at $10.50 each, while its stockholders sold 900,000 shares, raising a total of $33.1 million. Rubio's plans to use the proceeds to repay debt and expand.
April 26, 1999 |
Are investors beginning to look at other industries besides those highflying technology-related initial public offerings? If so, it could mean big things for an upcoming IPO from a fish taco chain based in Carlsbad. So far this year, the market for IPOs has been two-tiered, with seemingly anything "dot-com" seeing big per-share price jumps on the first day, and anything non-tech providing lackluster returns at best.
March 27, 1999 |
Fans of Rubio's Baja Grill may soon be able to own a piece of the restaurant that helped popularize fish tacos in Southern California. Rubio's Restaurants Inc. took the first step Friday toward an initial public stock offering. The company filed an IPO registration with the Securities and Exchange Commission, an approval process that takes a minimum of 30 days. The filing proposes the sale of 3.1 million common shares.