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.
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.
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.