Luby's Reports Second Quarter Fiscal 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Lubys, Inc. (LUB) Reports Q2 EPS of $0.22, Same Store Sales Down 3.3%
April 22, 2019 8:10 AM EDTLubys, Inc. (NYSE: LUB) reported Q2 EPS of $0.22, versus a loss of $0.38 reported last year. Revenue for the quarter came in at $74.42 million, versus $81.79 million reported last year.
Same-store sales decreased 3.3%Culinary Contract Services sales increased by 28% to $7.5 million, up from $5.9 millionIncome from continuing operations of $6.6 million (including $12.7 million in gains on sales of property) compared to loss of $11.5 million in the second quarter fiscal 2018Store level profit was 10.7%, up from 7.7% -- a 300 basis points improvement (see non-GAAP reconciliation below)Adjusted EBITDA increased $2.9 million (see... More