July 28, 2004 |
Rubio's Restaurants Inc. reported Tuesday that its new menu, stronger sales and operational improvements helped it post a second-quarter profit, reversing a year-earlier loss. The Carlsbad, Calif.-based chain of 151 Mexican grill restaurants best known for fish tacos earned $1.2 million, or 13 cents a share, contrasted with a loss of $3.1 million, or 35 cents, a year earlier. Analysts had forecast 9 cents a share, according to a survey by Thomson First Call.
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.
November 2, 2004 |
Industrial conglomerate Tyco International Ltd. swung to a profit on a double-digit jump in sales and lower one-time charges compared with the same quarter a year earlier. Net income rose to $454 million, or 22 cents a share, for its fiscal fourth quarter ended Sept. 30. Excluding one-time charges totaling $524 million, or 23 cents a share, net income would have been 45 cents a share. Tyco, based in Pembroke, Bermuda, but run from West Windsor, N.J.
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.
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.