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Luby's, Inc. Message Board

  • shorthighcoverlower shorthighcoverlower Nov 8, 2012 8:38 AM Flag

    congratulations longs

    we should see a nice pop this am as LUB came in at the top end of expectations (11 cents) Store margin increased a whopping 270 basis points from 12.7% to 15.4% and manangement is confident the company is well on its way of achieving its target goal of 17% to 19%. The company also paid off another $1.5 million on its line of credit and now only owes $13 million.let's wait to hear what tidbits are shared on the conference call coming up later this morning.

 
LUB
4.99+0.13(+2.67%)Jun 29 4:02 PMEDT