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RISE - Menu Monitor

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<strong>Menu</strong> Positioning |<br />

Rubio's Fresh Mexican Grill features salads and bowls, tacos, burritos and quesadillas. Signature items include its “World<br />

Famous Fish Taco,” a taco containing pieces of beer battered and fried white fish with shredded cabbage, fresh salsa and<br />

yogurt-mayonnaise sauce with a squeeze of lime in a soft corn tortilla. Other popular items are the Chicken Grande Bowl, Baja<br />

Grilled Burrito, 3-Cheese Quesadilla and Pork Carnitas "Street" Tacos. Healthy options include HealthMex Burrito, HealthMex<br />

Chicken Salad and Low Carb Chicken Salad. Sides include rice, beans or chips, and fresh guacamole, cheese or sour cream.<br />

Kids’ meals include Two Chicken Taquitos or Bean & Cheese Burrito. Most units also feature domestic and Mexican beers.<br />

<strong>Menu</strong> prices range from $1.19–$6.99. Checks average $8.37.<br />

Promotion Plans |<br />

Rubio’s Fresh Mexican Grill offered langostino lobster tacos and burritos to its Beach Club members only from August 24–27.<br />

The taco was priced at $3.99, the burrito at $7.99, and a two-taco plate at $8.99. (Company Website 8/24/07)<br />

Rubio’s Fresh Mexican Grill will celebrate the September 20 opening of its new location in Chandler, TX, by offering a free<br />

meal every week for a year. The unit, located at Crossroads Towne Center, is the chain’s third in Chandler. (Azcentral.com<br />

9/17/07)<br />

<strong>Menu</strong> Development |<br />

Rubio’s Fresh Mexican Grill will complete its switch to a zero-trans-fat canola oil in all of its locations by mid-August. The<br />

canola oil was chosen because it enhanced the flavor and quality of items cooked with it, especially the chain’s signature Fish<br />

Taco. (Company Release 7/9/07)<br />

Personnel |<br />

Daniel E. Pittard, CEO<br />

Frank Henigman, CFO<br />

Lawrence A. Rusinko, V.P. of Marketing<br />

Carl Arena, V.P. of Development<br />

Rubio’s Restaurants Inc.’s Chief Financial Officer John Fuller resigned on May 18 in order to head the financial team at JC<br />

Resorts. Rubio’s Controller, Frank Henigman, will serve as Chief Financial Officer until a search for Fuller’s replacement is<br />

completed. (Nation’s Restaurant News 5/14/07 p48)<br />

Rubio’s Restaurants Inc. hired Frank Henigman as Chief Financial Officer. Henigman served as acting Chief Financial Officer<br />

for the company since April, when John Fuller resigned. Previously, Henigman served as Rubio’s Controller. (NRN Daily<br />

NewsFax 6/13/07)<br />

News & Other |<br />

Rubio’s Restaurants Inc. reported for the third quarter ended September 24 net earnings decreased 27.7% to $6 million from<br />

$8.3 million for the same period last year. Revenues increased 6.1% to 38.8 million from $36.5 million. Same-store sales grew<br />

1.8%. (Company Release 11/1/06)<br />

Rubio’s Restaurants Inc. reported for the fourth quarter ended December 31 revenues increased 19.7% to $41.3 million from<br />

$34.5 million for the same period last year. Same-store sales rose 4.9%. (Company Release 1/22/07)<br />

Rubio’s Restaurants’ board of directors on July 25 approved a stock option grant to the company’s CEO, Frank Henigman, to<br />

purchase 40,000 shares of stock. The option is subject to the company’s stock incentive plan and expires upon Henigman’s<br />

resignation or on the 10th anniversary of the grant. (Company Release 7/31/07)<br />

Rubio’s Restaurants Inc. reported for the second quarter ended July 1 net earnings increased 14.6% to $5.0 million from $4.4<br />

million for the same period last year. Revenues grew 15.9% to $43.0 million from $37.2 million. Same-store sales increased<br />

7.8%. (Company Release 8/8/07)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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