Inactive Instrument

Luby's, Inc.

LUB

US5492821013

Luby's, Inc. Reports Unaudited Earnings Results for the Second Quarter Ended March 14, 2018; Provides Capital Expenditure Guidance for Fiscal 2018

April 24, 2018 at 02:00 am EDT

Luby's, Inc. reported unaudited earnings results for the second quarter ended March 14, 2018. For the quarter, the company reported total sales of $82.2 million, a decrease of 4.8%. Adjusted EBITDA decreased $5.3 million. Loss from continuing operations was $11.1 million, or a loss of $0.37 per diluted share, compared to a loss of $12.8 million, or a loss of $0.44 per diluted share, in the second quarter fiscal 2017. Excluding special non-cash items, loss from continuing operations was $5.2 million, or a loss of $0.17 per diluted share, in the second quarter compared to a loss of $2.1 million, or $0.07 per diluted share, in the second quarter fiscal 2017.

The company expected capital expenditures to be approximately $14 million in fiscal 2018.

Latest news about Luby's, Inc.

Luby's, Inc.(NYSE:LUB) dropped from S&P TMI Index	22-05-16	CI
Luby's, Inc. Declares Cash Liquidating Distribution, Payable on May 24, 2022	22-05-05	CI
Luby's COO Resigns	22-03-31	MT
Luby's, Inc. Announces Resignation of Benjamin Coutee as Chief Operating Officer	22-03-31	CI
Luby's to Pay Liquidating Distribution of $0.50 Per Share on March 28 to Shareholders of Record as of March 21	22-03-11	MT
Luby's, Inc. Declares Cash Liquidating Distribution, Payable on March 28, 2022	22-03-11	CI
North American Morning Briefing : Stocks Futures -3-	22-02-07	DJ
Seritage Growth Properties Names Interim CFO	22-01-07	MT
Consumer Stocks Edge Higher Premarket Monday	21-11-22	MT
Luby's Increases Estimated Liquidation Distribution	21-11-19	MT
Top Premarket Decliners	21-11-02	MT
Luby : to Pay Initial Liquidating Distribution of $2 Per Share Nov. 1 to Holders of Record Oct. 25	21-10-13	MT
Luby's, Inc. to Issue an Initial Cash Liquidating Distribution, Payable on November 1, 2021	21-10-13	CI
NASDAQ 100 : Top Midday Gainers	21-10-01	MT
Luby : Names Interim Chief Financial Officer, Completes Sale of Cafeteria Business	21-09-01	MT
Luby's, Inc. Announces Executive Changes	21-09-01	CI
Calvin Gin completed the acquisition of Cafeteria Restaurant Business of Luby's, Inc..	21-08-25	CI
Nicholas Perkins completed the acquisition of Fuddruckers Franchise Business of Luby's, Inc..	21-08-11	CI
Luby : Sells Cafeteria Restaurant Unit to Calvin Gin Affiliate	21-06-21	MT
Calvin Gin entered into an agreement to acquire Cafeteria Restaurant Business of Luby's, Inc. for $28.7 million.	21-06-20	CI
Calvin Gin entered into an agreement to acquire Luby’s Cafeteria Restaurant Operations from Luby's, Inc. for $28.7 million.	21-06-19	CI
Luby : Poised to Sell Fuddruckers Franchise Business to Black Titan Franchise Systems LLC	21-06-18	MT
Nicholas M. Perkins completed acquisition assets of 13 Fuddruckers locations of Luby's, Inc..	21-06-17	CI
Nicholas Perkins entered into an agreement to acquire Fuddruckers Franchise Business of Luby's, Inc. for $18.5 million.	21-06-16	CI
Lusby's, Inc. Subsidiary Enters into A Lease Termination Agreement and Release with HPCP Investments, LLC	21-02-24	CI

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Company Profile

Luby's, Inc. is a multi-branded company operating in the restaurant industry and in the contract food services industry. The Company's segments include Fuddruckers restaurants, Cheeseburger in Paradise restaurant, Fuddruckers franchise operations, and Culinary contract services (CCS). It offers franchises for the Fuddruckers brand. It offers client contracts in its CCS business, which includes fee-based contracts and profit and loss contracts. The Company's Fuddruckers serves the World's Greatest Hamburgers. Its menu also includes exotic burgers, such as buffalo and elk, chicken breast sandwiches, hot dogs, a variety of salads, chicken tenders, hand breaded onion rings, soft drinks, handmade milkshakes, and bakery items. The Company's Culinary Services consists of a business line servicing healthcare, sport stadiums, corporate dining clients, and sales through retail grocery stores.

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