Luby's, another of the industry's oldest concepts, also closed underperforming locations last year, shrinking its footprint by 6%. And in September, it said it had begun investigating "strategic alternatives," or a sale, merger or refinancing.
|Top 500 Year||2020|
|2019 U.S. Sales ($000,000)||$195|
|YOY Sales Change||-7.5%|
|2019 U.S. Units||79|
|YOY Unit Change||-6.0%|
|Menu Category||Family Casual|
For complete Top 500 data, including each chain’s sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more: