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Luby's

Financing

Chris Pappas weighs making a bid for Luby's

Securities documents show that no offer has yet been made, but due diligence is underway.

Financing

Finding no acceptable offers for the business, Luby's decides to liquidate

The operator of Fuddruckers and Luby's Cafeteria will sell off its assets in pieces and then dissolve.

Financing

How Luby's turned a profit at its restaurants during the pandemic

By Jonathan Maze on Jul. 21, 2020

Sales and profits plunged last quarter and many restaurants remain closed, but cost cuts led to improved margins at open locations.

Operations

Luby’s closes 35 more restaurants, cuts majority of HQ staff

By Peter Romeo on Mar. 24, 2020

The salaries of the remaining home-office employees have been cut 50%.

Financing

Luby’s slips deeper into the red

By Peter Romeo on Feb. 03, 2020

The diversified restaurant company posted a net loss for its Q1 despite rises in traffic and sales.

Financing

Luby’s losses deepen to $9.1M for Q4

By Peter Romeo on Nov. 26, 2019

The company posted a decline in comps on a drop in traffic for all three of its restaurant brands and announced an outsourcing of several headquarters functions.

Financing

Luby’s starts looking for a buyer

By Peter Romeo on Sep. 12, 2019

The multiconcept operator has begun the process of evaluating “strategic alternatives.”

Financing

Luby’s posts another loss after closing 30 restaurants

By Peter Romeo on Jul. 15, 2019

Comps slipped by an average of 4% across its three restaurant brands.

Top 500 Chains

Luby's

May 03, 2019

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

Operations

Luby’s hires a turnaround consultant

By Heather Lalley on Apr. 22, 2019

The restaurant company, which has closed 27 units in the past year, saw same-store sales decline 3.3% in the recent quarter.

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