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Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process.

Luby's (NYSE:LUB) Restaurants See No Jump in Business This Year

The Luby's Cafeteria chain was profiled by Tickermine this month. The company released its third-quarter results this month and said that restaurant sales were down by just over 4% from last year.

Our researchers interviewed folk at 20 different locations around the country and asked: Is lunch or dinner busier? Is your location new? What lures your customers to you? What is the average check for a party of two? And is business up or down from last year?

55% of respondents said that dinner was more busy than lunch, and only 45% said that lunch was more hectic. All 20 representatives said that their location was older than one year. 50% of our respondents said that it was the prices that their customers liked. 40% said it was a particular menu item that brought them back and two respondents or 10% said it was the atmosphere. 60% of respondents said that the average check for a party of two is $20-$30 at Luby's. 35% said that the check for two averages between $35-$45 , and one person or 5% said it was $50.

The Chicken Fried Steak platter was the most popular menu item and this was cited by 35% of those polled. 20% said Luby's Fried Fish sold the best and another 20% said that the Texas ribeye steak was a best seller. Blackened Tilapia was cited as best by 15%. The Mushroom Chicken Madeira was cited by one person as the best selling item and another one person cited the Parmesan Chicken Alfredo (5%). None of this has improved business greatly for Luby's. 60% of those polled said business was exactly the same as this time last year. 30% said business was up and 10% said it was down.

78% of Landry's Restaurants (LNY) Have Steady or Less Business YTD

Landry's Restaurant Inc. the restaurant chain was polled this week. The company operates Landry's Seafood House, Willie G's Seafood & Steak House and The Crab House and its owners insist the restaurant market has room for more players. Its revenues were up to $294.8 million versus $283.6 million a year ago.

We polled 23 locations and found that 78% of respondents say dinners are busier than lunches, and only 22% have lunch as their busier shift. All 23 respondents, 100%, said their location was not new. 15 respondents or 65% said it was the atmosphere that their customers liked. Seven respondents or 30% said it was a particular menu item and only one person or 4% said it was the prices.

The most popular menu items included The Red Snapper (17%), the Halibut (also 17%), the Shrimp Fresca (13%), the Snow Crab (13%) , the Mahi Mahi, Seafood Platter and the Seared Ahi Tuna (each were cited by 9% of those polled) and the Chilean Sea Bass, Fried Shrimp and Maya's Combo Platter , where each mentioned once. But while 22% of respondents said business was up from last year, 39% said it was slower and another 39% said it was the same. One thing helping the chain may be their prices. 49% said the average check for a party of two was $40-$50. 35% said it was $25 to $35 and 17% put it at $60-$80.

Weekly Specials Give Bump in Business at Kona Grill (NASDAQ:KONA)

In a recent TickerMine survey, 68% Kona Grill restaurants reported that weekly specials had a positive impact on business. However, each restaurant's most popular item was a long-standing favorite, rather than a new addition to the menu.

The most popular item on the menu was sushi (26%), followed by albacore tataki (16%), lemongrass crusted halibut (11%), and sweet-chili glazed chicken (11%). All restaurants surveyed had been in business for more than one year. Only 37% reported that worries about the economy had slowed business.

The average wait for a party of two at Kona Grill is between 10 and 15 minutes for the majority of restaurants surveyed. The average tab for a party of two varied: 37% reported an average tab of $25 to $35, 16% said it was between $40 and $50, 32% said between $60 and $70, and 16% said it's over $80.

Source: Raw Data Report: Luby's, Landry's, Kona Grill