Rubio’s posts a loss in 1st-Q

CARLSBAD Calif. Rubio’s Restaurants Inc., operator or franchisor of 106 namesake Baja-inspired restaurants, swung to a loss in the first quarter as increased costs and reduced guest traffic hurt the growing chain.

For the quarter ended March 30, Rubio’s recorded a net loss of $745,000, or 7 cents per share, compared with a year-ago profit of $196,000, or 2 cents per share. Revenue rose 2.9 percent to $42.2 million, aided by the opening of seven restaurants so

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.