Luby's EPS of -$0.05

Luby's (LUB): FQ1 EPS of -$0.05.

Revenue of $87.34M. (PR)

Comments (2)
  • Mark Krieger
    , contributor
    Comments (6612) | Send Message
    the earnings were slightly better than expectations. The 5 cent loss would of been 1 cent in earnings, if it had not been for the impairment charge regarding Cheeseburger in Paradise. Same store sales increase of 1.1% was actually greater than the 1% forecasted. That is 90 basis points higher than the prior year's quarter of .2% same store sales. The company also rocked on its culinary contract business, racking up a 13% sales gain from $3.8 million to $4.3 million (21 service locations). The cafeteria division showed the most improvement, with customer traffic rising 1.6% and the average bill jumping .7%
    20 Dec 2013, 07:33 AM Reply Like
  • dinohealth
    , contributor
    Comments (5) | Send Message
    Kinda makes sense. Exactly what I expected. Thanks, Mark.
    20 Dec 2013, 11:51 AM Reply Like
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