Lubys, Inc. (LUB) Reports Q1 Loss of $0.07

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Go back to Lubys, Inc. (LUB) Reports Q1 Loss of $0.07

Luby's Reports First Quarter Fiscal 2016 Results

January 21, 2016 4:10 PM EST

HOUSTON, Jan. 21, 2016 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's") today announced unaudited financial results for its sixteen-week first quarter fiscal 2016, which ended on December 16, 2015. As announced in the company's fourth quarter fiscal 2015 earnings press release, Luby's has changed the number of reporting weeks included in the first fiscal quarter from 12 weeks to 16 weeks. This change is in part to minimize the Thanksgiving calendar shift by extending the first fiscal quarter until after Thanksgiving. The company now reports 16 weeks in its first fiscal quarter, and the remaining three quarters will typically... More