Lubys, Inc. (LUB) Reports Q1 Loss of $0.25 on Revenues on $102.95M

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Go back to Lubys, Inc. (LUB) Reports Q1 Loss of $0.25 on Revenues on $102.95M

Luby's Reports First Quarter Fiscal 2019 Results

January 28, 2019 8:00 AM EST

HOUSTON, Jan. 28, 2019 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's") today announced unaudited financial results for its sixteen-week first quarter fiscal 2019, which ended on December 19, 2018. Comparisons in this earnings release for the first quarter fiscal 2019 are referred to as "first quarter."

First Quarter Key Metrics(comparisons to first quarter fiscal 2018)

Total sales were $102.9 million Same-store sales decreased 5.5% Culinary Contract Services sales increased $2.6 million to $9.5 million Loss from continuing operations of $7.5 million in the first quarter compared to loss from continuing operations of $5.5 million in... More