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Rubio’s Rings Up Record Sales

Rubio’s Restaurants Inc., which built a menu around its signature fish tacos, said Nov. 7 that its third-quarter net income amounted to $732,000 on revenue of $44 million.

That compares to net income of $600,000 on revenue of $38.7 million in the same period one year ago.

Rubio’s said the $44 million marked the second consecutive quarter of record revenue since the company went public in 1999.

Comparable-store sales increased 7.1 percent, the company said.

The company trades on the Nasdaq under the symbol RUBO. Shares were at $9.95 late in the day Nov. 8, down 28 cents from the previous day’s close.

, Brad Graves

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