Lubys, Inc. (LUB) Reports Q1 Loss of $0.19

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Go back to Lubys, Inc. (LUB) Reports Q1 Loss of $0.19

Luby's Reports First Quarter Fiscal 2017 Results

January 25, 2017 4:10 PM EST

HOUSTON, Jan. 25, 2017 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's") today announced unaudited financial results for its sixteen-week first quarter fiscal 2017, which ended on December 21, 2016. Comparisons in this press release for the first quarter fiscal 2017 are referred to as "first quarter."

First Quarter Key Metrics

Opened four Fuddruckers franchise locations: two domestic and two international Capital expenditures decreased $0.7 million in the first quarter compared to the first quarter fiscal 2016 Same-store sales decreased 2.3%

Chris Pappas, President and CEO, commented, "We continue to... More