the joke is on us the lubys stockholder!!! If your a long stockholder it's been brutal. No volume, no increased stock price, no profits!!!
Looks like the Luby's top brass was well rewarded again. Over 200,000 shares via options and grants were doled out today, to the COO, the CFO and six outside directors. This means more dilution! OUCH!
I'll keep this short and sweet...Google "PennyStock101' signup for their free newsletter and get their next trade alert. Come back and thank me tomorrow!
I have eaten at that location it is old as dirt. It still has the rolling green chairs!!!!!
My guess is that one has been grandfathered in somehow. Either way we aren't missing much.
That location is not franchised. Same concept but branding is different and food is different. They are not related.
Naghi & Sons?..............so romano, who is thought of as a legend, sold the "rights" for a 1 time fee?....Nothing else?.....So much for the legend......as Romano's Macaroni Grill is going down hill also....Not saying Fudds is...just the contrary....
Do they get anything $$$$$$ now??...for opening??....What was the original deal????....and why???????
It's always a dud my friend. I am not sure why everyone is so excited with the report. i didn't read anything other than they are selling their properties to buy down debt too bad their operations can't provide them a few dollars. the fact is we will all be dead before they make any real money.
" We also are actively looking for new Combo location sites for potential development in Southern U.S. markets where we do not already operate Luby's Cafeterias."
Sentiment: Strong Buy
It's an old contract from the prior owners.
In November 1997, a prior owner of the “Fuddruckers—World’s Greatest Hamburgers®” brand granted to a licensee the exclusive right to use the Fuddruckers proprietary marks, trade dress and system to develop Fuddruckers restaurants in a territory consisting of certain countries in Africa, the Middle East and parts of Asia. As of June 2015, this licensee operated 34 restaurants that are licensed to use the Fuddruckers proprietary marks in Saudi Arabia, Egypt, Lebanon, United Arab Emirates, Qatar, Jordan, Bahrain, Kuwait, Morocco and Malaysia. The Company does not receive revenue or royalties from these restaurants.
The Company does not receive revenue or royalties from these restaurants....???????
Luby's, Inc. (LUB) operates 177 restaurants under the brands Luby's Cafeteria, Fuddruckers and Cheeseburger in Paradise and provides food service management through its Luby's Culinary Contract Services business segment. The company-owned restaurants include 93 Luby's Cafeterias, 75 Fuddruckers, 8 Cheeseburger in Paradise and one Bob Luby's Seafood Grill. The Company is the franchisor for 106 Fuddruckers franchise locations across the United States (including Puerto Rico), Canada, Mexico, Italy, the Dominican Republic, Panama, and Chile. Additionally, a licensee operates 35 restaurants with the exclusive right to use the Fuddruckers proprietary marks, trade dress, and system in certain countries in the Middle East. The Company does not receive revenue or royalties from these restaurants. Luby's Culinary Contract Services provides food service management to 23 sites consisting of healthcare, higher education and corporate dining locations.