CARLSBAD, Calif., Mar 15, 2010 (BUSINESS WIRE) -- Two well-known national restaurant industry trade publications recently recognized Rubio's Fresh Mexican Grill for innovative operational and marketing efforts. FastCasual.com honored Rubio's in the Top 100 2009 Movers & Shakers edition and Restaurant Business magazine included Rubio's in its round-up of 50 Great Ideas in 2009.
While many restaurants have attempted to flood the growing fast casual dining segment, FastCasual.com regarded Rubio's as one of its Top 100 fast casual restaurants in 2009 because it epitomizes the genre by creating a unique value and quality experience, offering an interior that "wows" the guest, and serves gourmet-level food in a comfortable and relaxed environment. Restaurant Business magazine's 50 Great Ideas recognizes companies whose new products, innovations, and ideas set them apart from their competition. In 2009 Rubio's launched a summertime Facebook and Twitter photo-sharing campaign which encouraged fans to upload their photos of all-American moments. In return, Rubio's donated 25 cents per photo to Share Our Strength -- a non-profit that fights childhood hunger.
This wildly successful promotion doubled the number of social network followers and Rubio's contributed $25,000 to the charity.
"When I opened my first restaurant in San Diego 27 years ago, people traveled from miles away to savor one of our World Famous Fish Tacos(R)," said chairman and co-founder Ralph Rubio. "Since then, our reputation for distinct flavors and unique products has quickly spread, and our following of loyal fans continues to grow as we introduce new menu items such as our Grilled Gourmet Tacos(SM)." The popular San Diego-based chain is a leader in the fast casual dining restaurant arena with its ongoing store design improvements that include eco-friendly features such as tabletops made from the sustainable material sorgum grass, digital menu boards, an open kitchen, flex seating to accommodate large groups and families, and LED lighting that uses less energy.
"We put a lot of research and effort into improving our brand," said Rubio. "We think that these recent honors in the restaurant industry trades certainly validate that. And while our satisfied guests will always remain the driving force in our success, we appreciate these awards and hope they will introduce new guests to our Beach Mex(R) lifestyle and fresh Baja flavors." About Rubio's 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. Rubio's is credited with introducing fish tacos to Southern California and starting a phenomenon that has spread coast to coast. In addition to chargrilled marinated chicken, lean carne asada steak, and slow-roasted pork carnitas, Rubio's menu features seafood items including grilled mahi mahi and shrimp. Guacamole and a variety of salsas and proprietary sauces are made from scratch daily, and Rubio's uses canola oil with zero grams trans fat per serving. The menu includes tacos, burritos, salads and bowls, quesadillas, HealthMex(R) offerings which are lower in fat and calories, and domestic and imported beer in most locations. Each restaurant design is reminiscent of the relaxed, warm and inviting atmosphere of Baja California, a coastal state of Mexico. Headquartered in Carlsbad, California, Rubio's operates, licenses or franchises more than 195 restaurants in California, Arizona, Colorado, Utah and Nevada. More information can be found at http://www.rubios.com.
SOURCE: Rubio's Fresh Mexican Grill CONTACT: For Rubio's Fresh Mexican Grill Marshall Hartley, 801-318-2260 mhartley@crowelladv.com Copyright Business Wire 2010 -0- KEYWORD: United States
Trading
Posted: Monday, March 22, 2010 10:07 AM EDT
Las Vegas Sands (NYSE: LVS) opened at $19.15. So far today, the stock has hit a low of $19.13 and a high of $19.32. LVS is now trading at $19.31, down $0.19 (-0.97%). Over the last 52 weeks the stock has ranged from a low of $2.20 to a high of $20.73. Shares of LVS are trading down in early trading along with the rest of the market as investors parse the recently passed healthcare reform bill to determine what it could mean for the market. Technical indicators for the stock are bearish and S&P gives LVS a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on LVS the stock seems like it could be a candidate for a May out-of-the-money bear-call credit spread above the 23 range. [ABR-Seven Summits Strategic Investments NewsBite]
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