Rubio's Restaurants Franchise News

CARLSBAD, Calif. (GlobeNewswire via COMTEX) -- Rubio's Restaurants, Inc. (Nasdaq:RUBO) today announced the closing of its merger with a subsidiary of Mill Road Capital, L.P. to take the company private. Rubio's former stockholders are receiving $8.70 per share in cash in the transaction. The transaction is the result of a comprehensive strategic alternatives review process under the supervision of a Special Committee of the Board of Rubio's.

Rubio's headquarters will remain in Carlsbad under the leadership of its existing management team. No significant changes in strategic direction or operations are expected as a result of the transaction. Ralph Rubio, the founder of Rubio's, retains an ownership position in the newly private company and will continue his role as a member of the Board of Directors...

CARLSBAD, CA, Aug 05, 2010 (MARKETWIRE via COMTEX) -- Rubio's(R) Restaurants, Inc. (NASDAQ: RUBO) reported financial results for the second quarter and first half of the fiscal year ended June 27, 2010.

Second Quarter and First Half 2010 Financial Highlights

Revenues in the second quarter of 2010 totaled $48.5 million, a decrease of less than 1% from $48.7 million reported in the same year-ago quarter. Revenue for the first half of 2010 totaled $95.2 million, up just under 1% from $95.0 million in the same year-ago period.

Net loss was $387,000 or $(0.04) per basic and diluted share in the second quarter of 2010 versus net income of $512,000 or $0.05 per basic and diluted share in the same year-ago quarter...

Pre Opening Event on July 14th to Benefit "Grants Wishes" CARLSBAD, Calif., Jul 6, 2010 (GlobeNewswire via COMTEX) -- Rubio's Fresh Mexican Grill will open its third location in the City of Santa Ana Thursday, July 15, in the Seventeenth Street Shopping Center, 2220 E. 17th Street in Santa Ana. The San Diego-based chain is introducing a new, more upscale design at its Santa Ana restaurant, featuring a rich sensory experience of aromas, exhibition cooking, music and decorative patterns that compliment the complex flavors of Rubio's food.

To celebrate the grand opening, Rubio's will host a fundraising event on Wednesday, July 14th, from 5:30-7:30 p.m., to benefit "Grants Wishes". The Orange County based non-profit grants wishes to children that are fighting their SECOND battle with cancer...

Pre Opening Event on July 7th to Benefit Save Our Athletic Programs (S.O.A.P.)CARLSBAD, Calif. (GlobeNewswire via COMTEX) -- Rubio's Fresh Mexican Grill will open its fourth location in the North Bay on Thursday, July 8th, at 1450 Travis Blvd in Fairfield outside the Westfield Solano Mall. The San Diego-based chain is introducing a new, more upscale design at its Fairfield restaurant, featuring a rich sensory experience of aromas, exhibition cooking, music and decorative patterns that compliment the complex flavors of Rubio's food.

To celebrate the grand opening, Rubio's will host a fundraising event on Wednesday, July 7th from 5:00-8:00 p.m., to benefit Save Our Athletic Programs (S.O.A.P.). The non-profit is a community-based, volunteer administered organization focused on finding funding solutions to support athletic programs in the Fairfield-Suisun Unified School District...

CARLSBAD, Calif. (GlobeNewswire via COMTEX) -- Gold River residents donated $3,000 on June 2nd to their local school, Gold River Discovery Center, during a pre-opening fundraiser held at the new Rubio's Fresh Mexican Grill in Gold River. In lieu of paying at the register, diners were encouraged to contribute money to the Gold River school, understanding that 100 percent of donations went directly to them. Rubio's showed its support by allowing participants to order any menu item free of charge throughout the two-hour event.

"What a fantastic night the Gold River community had at Rubio's pre-opening event," said Megan Hansen, Vice Principal at Gold River Discovery Center. "Everyone had a fantastic time, the food was fabulous, and the staff out did themselves...

Free Reusable Tote Bags Offered that day at all Rubio's Locations

June 03, 2010 // Franchising.com // CARLSBAD, CA - With its fish taco heritage inspired by coastal Mexico, Rubio's passion for a healthy ocean is obvious. In honor of World Oceans Day, June 8, Rubio's Fresh Mexican Grill will give away free reusable tote bags (perfect for the beach or shopping), participate in a beach clean up, expand in-store recycling and introduce an eco-friendly Bottle Box salad bowl made from 100 percent recycled plastic bottles into all of its 200 locations. These efforts represent a major step in Rubio's overall efforts to integrate a variety of sustainable practices, now showcased at rubios.com.

Plastic marine debris affects at least 267 species worldwide, including 86 percent of all sea turtle species, 44 percent of all sea bird species, and 43 percent of marine mammal species, according to the California Coastal Commission...

Revenues Up 1% to $46.7 Million, EPS of $0.04 Versus $0.02 in Same Year-Ago Quarter and Record Q1 Adjusted EBITDA of $3.5 Million Before Non-Recurring Charges CARLSBAD, CA and GREENWICH, CT (MARKETWIRE via COMTEX) -- Rubio's Restaurants, Inc. (NASDAQ: RUBO), a leader in the growing Fast Casual segment of the restaurant industry with its premium Fresh Mexican Grill concept, and Mill Road Capital, L.P., a Connecticut-based private investment firm, announced today a definitive merger agreement under which an entity controlled by Mill Road Capital will acquire all the outstanding shares of Rubio's Restaurants in a cash merger transaction. Pursuant to the terms of the definitive merger agreement, the outstanding shares of common stock of Rubio's Restaurants will be acquired for $8...

CARLSBAD, CA (MARKETWIRE via COMTEX) -- Rubio's(R) Restaurants, Inc. (NASDAQ: RUBO), a leader in the growing Fast Casual segment of the restaurant industry with its premium Fresh Mexican Grill concept, will hold a conference call on Monday, May 10, 2010 at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the first quarter ended March 28, 2010.

The conference call will be broadcast simultaneously and available for replay via the investor section of the company's Web site at www.rubios.com. If you have any difficulty connecting with the conference broadcast, please contact Liolios Group at (949) 574-3860.About Rubio's Restaurants, Inc. (NASDAQ: RUBO)Rubio's Fresh Mexican Grill(R) is a leader in the high quality, Fresh Mexican Grill segment, featuring bold, distinctive Baja-inspired products...

Pre Opening Event on May 12th to Benefit Kristie's Foundation CARLSBAD, Calif. (GlobeNewswire via COMTEX) -- Rubio's Fresh Mexican Grill will open its third location in the city of Anaheim on Thursday, May 13th, at 5781 East Santa Ana Canyon Road. The San Diego-based chain is introducing a new, more upscale design at its Anaheim Hills restaurant, featuring a rich sensory experience of aromas, exhibition cooking, music and decorative patterns that complement the complex flavors of Rubio's food.

To celebrate the grand opening, Rubio's will host a fundraising event on Wednesday, May 12th from 5:30-7:30 p.m., to benefit Kristie's Foundation. The Anaheim based non-profit provides assistance, support, and cherished moments to critically ill children and their families...

Record Fiscal Year 2009 Revenues of $189 Million Up 5% Year-Over-Year; Record Fiscal Year 2009 Adjusted EBITDA of $13.1 Million or $1.30 per Share

CARLSBAD, CA, Mar 26, 2010 (MARKETWIRE via COMTEX) -- Rubio's(R) Restaurants, Inc. (NASDAQ: RUBO) reported financial results for the fourth quarter and fiscal year ended December 27, 2009.
Fourth Quarter and Fiscal 2009 Financial HighlightsRevenues in the fourth quarter of 2009 totaled $45.4 million, an increase of 1% from $45.0 million reported in the same year-ago quarter. Revenue for the full year of 2009 totaled a record $188.9 million, up 5% from $179.3 million in the same year-ago period.

Net loss was $852,000 or $(0.08) per share in the fourth quarter of 2009 versus a net loss of $295,000 or $(0...

CARLSBAD, Calif. (BUSINESS WIRE) -- Rubio's(R) Restaurants, Inc. (NASDAQ: RUBO), a leader in the growing Fast Casual segment of the restaurant industry with their premium Fresh Mexican Grill concept, will hold a conference call on Friday, March 26, 2010 at 1:30 p.m. Eastern time (10:30 a.m. Pacific time) to discuss their results for the fourth quarter and fiscal year ended December 27, 2009.

The conference call will be broadcast simultaneously and available for replay via the investor section of the company's Web site. If you have any difficulty connecting with the conference broadcast, please contact the Liolios Group at (949) 574-3860.

Rubio's Fresh Mexican Grill(R) is a leader in the high quality, Fresh Mexican Grill segment, featuring bold, distinctive Baja-inspired products...

Pre Opening Event on March 24th to Benefit Samaritan House CARLSBAD, Calif. (GlobeNewswire via COMTEX) -- Rubio's Fresh Mexican Grill will open its fifth location on the San Francisco Peninsula on Thursday, March 25th, at 38 E 4th Ave in Downtown San Mateo. The San Diego-based chain is introducing a new, more upscale design at its San Mateo restaurant, featuring a rich sensory experience of aromas, exhibition cooking, music and decorative patterns that compliment the complex flavors of Rubio's food.

To celebrate the grand opening, Rubio's will host a fundraising event on Wednesday, March 24th from 5:30-7:30 p.m., to benefit Samaritan House. The San Mateo based private non-profit provides services designed to help meet the needs of more than 12,000 low-income residents of San Mateo County...

Bold, Distinctive Flavors of Baja Await Residents CARLSBAD, Calif. (GlobeNewswire via COMTEX) -- Rubio's Fresh Mexican Grill (Nasdaq:RUBO) will open its doors Thursday, February 11th at 620 Hacienda Dr. Vista, CA 92081. The new Rubio's(R) will be managed by restaurant industry veteran Adrian Cardenez, and it will employ approximately 30 team members from the local community. The restaurant features both indoor and outdoor seating, and it will be the second Rubio's in the city of Vista. Open seven days a week, hours of operation will be Monday - Saturday: 10:00 a.m. to 9:00 p.m., and Sunday: 11:00 a.m. to 9:00 p.m.

Rubio's fans who crave the flavor of Baja-inspired food and the experience of dining in the relaxed yet festive atmosphere of coastal Mexico will be able to visit the new Rubio's in Vista for a similar experience...

CARLSBAD, CA, Oct 29, 2009 (MARKETWIRE via COMTEX) -- Rubio's(R) Restaurants, Inc. (NASDAQ: RUBO) today announced that its Board of Directors has unanimously rejected the unsolicited proposal from a group consisting of Alex Meruelo and his affiliates and Levine Leichtman Capital Partners IV, L.P. to acquire all of the Company's outstanding common stock for $8.00 per share. The Board, after a thorough review with management, a Special Committee of the Board and its financial and legal advisors, determined that the proposal was not in the best interests of the Company's stockholders.

The Board has commenced a process to evaluate the Company's strategic alternatives to enhance stockholder value, including an evaluation of the expressions of interest received by the Company...

CARLSBAD, Calif. (GLOBE NEWSWIRE) -- Rubio's(R) Restaurants, Inc. (Nasdaq:RUBO) today announced that its Board of Directors had received an unsolicited letter, dated October 13, 2009, from a group consisting of Alex Meruelo and his affiliates and Levine Leichtman Capital Partners IV, L.P. outlining a proposal to acquire all of the Company's outstanding common stock for $8.00 per share. The Board intends to consider the letter consistent with its fiduciary duties to act in the best interests of the Company's stockholders. About Rubio's(R) Restaurants, Inc. (Nasdaq:RUBO) Bold, distinctive, Baja-inspired food is the hallmark of Rubio's Fresh Mexican Grill(R). The first Rubio's was opened in 1983 in the Mission Bay community of San Diego by Ralph Rubio and his father, Ray Rubio...

CARLSBAD, Calif. (GLOBE NEWSWIRE) -- Rubio's(R) Restaurants, Inc. (Nasdaq:RUBO), a leader in the growing Fast Casual segment of the restaurant industry with their premium Fresh Mexican Grill concept, has been invited to present at the First Annual Imperial Capital Middle Market Consumer Summit to be held at the Montage Beverly Hills in Beverly Hills, CA on Wednesday, October 14, 2009.

Rubio's Restaurants Chief Financial Officer Frank Henigman is scheduled to present at 11:30 a.m. Pacific time (2:30 p.m. Eastern time), preceded by a 10:00 a.m. breakout meeting. The presentation will be available via webcast. About Rubio's(R) Restaurants, Inc. (Nasdaq:RUBO) Bold, distinctive, Baja-inspired food is the hallmark of Rubio's Fresh Mexican Grill(R)...

Rubio's Promotes Marc S. Simon to Chief Operating Officer CARLSBAD, Calif. (GLOBE NEWSWIRE) -- Rubio's Restaurants, Inc. (Nasdaq:RUBO) announced today the promotion of Marc S. Simon to the newly-created position of Chief Operating Officer, reporting to President and Chief Executive Officer Daniel E. Pittard. In his new role, Mr. Simon will oversee all operational aspects of Rubio's Fresh Mexican Grill restaurants, including field operations, operations services, field training, total quality management, and supply chain management.

Mr. Simon joined Rubio's in November 2007 as Senior Vice President of Operations, bringing an extensive business and operations background to Rubio's. Prior to joining the Company, he served as CEO for America's Incredible Pizza Company in Tulsa, Oklahoma...

Bold, Distinctive Flavors of Baja Await City of Industry Residents

CARLSBAD, Calif., Sept. 21, 2009 (GLOBE NEWSWIRE) -- Rubio's Fresh Mexican Grill (Nasdaq:RUBO) will open its doors on October 8th at 17525 Colima Road in City of Industry, California. The new Rubio's(R) will be managed by restaurant industry veteran Lucy Wilcox, and it will employ approximately 30 team members from the local community. The restaurant features both indoor and outdoor seating, and it will be the first Rubio's in the city of Industry. Open seven days a week, hours of operation will be Monday - Thursday: 10:00 a.m. to 9:00 p.m., Friday and Saturday: 10:00 a.m. to 10:00 p.m., and Sunday: 11:00 a.m. - 9:00 p.m.

Rubio's fans who crave the flavor of Baja-inspired food and the experience of dining in the relaxed yet festive atmosphere of coastal Mexico will be able to visit the new Rubio's in City of Industry for a similar experience...

Rubio's to Donate $1 to Share Our Strength(R) for Every Grilled Gourmet Taco(SM) Plate Sold During Great American Dine Out SALT LAKE CITY (GLOBE NEWSWIRE) -- Rubio's Fresh Mexican Grill(R) (Nasdaq:RUBO) is continuing its fight against childhood hunger by participating in the Great American Dine Out, September 20-26. Rubio's, known for its Baja-influenced fresh Mexican fare, will doanate $1 to Share Our Strength for every Grilled Gourmet Taco Plate sold that week at its nearly 200 locations. Rubio's will kick off local efforts by treating area schools to fresh food from Rubio's menu. Share Our Strength's Great American Dine Out is a national event that helps raise much-needed funds for organizations in communities across America that are working to end childhood hunger...

Q2 Revenues Up 8% to Record $48.7 Million; Q2 Net Income Up 53% to $512,000 or $0.05 per Share, Driving Fifth Consecutive Quarter of Adjusted EBITDA Growth to $3.9 Million or $0.39 per Share

CARLSBAD, CA, Aug 03, 2009 (MARKETWIRE via COMTEX) -- Rubio's(R) Restaurants, Inc. (NASDAQ: RUBO) reported financial results for the second quarter and first half of the fiscal year ended June 28, 2009.
Second Quarter and First Half 2009 Financial Highlights Revenues in the second quarter of 2009 totaled a record $48.7 million, an increase of 8% from $45.1 million reported in the same year-ago quarter. Revenue for the first half of 2009 totaled a record $95.0 million, up 9% from $87.3 million in the same year-ago period. Net income was $512,000 or $0...