|Bid||0.00 x 2200|
|Ask||0.00 x 3000|
|Day's Range||1.5100 - 1.5600|
|52 Week Range||0.9900 - 3.2000|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 13, 2017 - Apr 17, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.00|
Luby's and the activist investor describe a different timeline of events leading up to recent push for new directors on the company's board.
HOUSTON, Nov. 30, 2018 /PRNewswire/ -- Luby's, Inc. (LUB) ("Luby's") today confirmed that it has received notice on behalf of Bandera Partners LLC and certain of its affiliates ("Bandera") that it intends to nominate up to six candidates for election to Luby's Board of Directors at the 2019 Annual Meeting of Shareholders. "Luby's Board is in the process of reviewing Bandera's nomination notice consistent with its fiduciary duties.
Activist hedge fund Bandera Partners filed a 13D regarding Luby’s, Inc. (NYSE:LUB). Other hedge funds are reducing their bets on the stock. The number of long hedge fund positions retreated by 1 during the third quarter. Does it make sense to follow Bandera Partners into LUB? According to most investors, hedge funds are seen as unimportant, […]
“You could have embraced them and offered to add at least some of them to the Board, instead of snubbing us, rejecting serious discussion, and forcing us to bring real choice directly to the shareholders,” Mr. Gramm wrote. Bandera Partners owns nearly 9% of Luby’s outstanding shares and has owned stock in the company for more than a decade, the letter said.
Bandera Partners LLC, a significant shareholder of Luby’s Inc. (LUB), announced that it has issued a public letter to the company’s Board of Directors. Bandera Partners (“Bandera”) owns 2,619,721 shares of Luby’s, Inc. (“Luby’s” or the “Company”) common stock (“Common Stock”) or approximately 8.9% of the Company’s outstanding shares.
Luby's Inc owns and operates restaurants in the United States. Warning! GuruFocus has detected 3 Warning Signs with LUB. For the last quarter Luby's Inc reported a revenue of $83.9 million, compared with the revenue of $86.59 million during the same period a year ago.
"While we are not pleased with our financial results in the quarter or the fiscal year, we are taking actions to improve our financial results and restaurant operating performance. … Along with the restaurant closures, asset sales program and pending refinancing, we have also made reductions in certain corporate support staffing in the fourth quarter."
The big shareholder groups in Luby’s Inc (NYSE:LUB) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership Read More...
The Houston-based company said it had a loss of 6 cents per share. Losses, adjusted for one-time gains and costs, were 11 cents per share. The casual dining chain posted revenue of $83.9 million in the ...
HOUSTON , Nov. 12, 2018 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's") today announced unaudited financial results for its fifty-two week fiscal year 2018 and its twelve-week fourth quarter ...
The TA Restaurant Group , a division of TravelCenters of America LLC, has announced the opening of a new Fuddruckers® restaurant, located at I-95, Exit 87 in Savannah, Georgia.
Luby's has named a new COO to succeed Peter Tropoli, who returned to his former role as general counsel and corporate secretary after serving as COO since 2011.
Chris Pappas, President and CEO, commented, "The board of directors and I are pleased to announce the promotion of Todd Coutee to COO. Todd brings extensive restaurant operations and leadership experience to this role having most recently served as SVP of Operations for Culinary Contract Services. In addition, he previously held operational leadership positions at each of our brands, having served as SVP of Operations at Luby's Cafeterias, and Fuddruckers.
Luby’s Inc (NYSE:LUB) is a small-cap stock with a market capitalization of US$43m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end Read More...
“Restaurants need to demand antibiotic restrictions from their beef suppliers. We simply cannot afford to lose life-saving medicines to produce a slightly cheaper burger.”
HOUSTON , Oct. 12, 2018 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) announced today that it will release its fourth quarter and fiscal 2018 financial results on Monday, November 12, 2018 before the market ...
HOUSTON, Sept. 14, 2018 /PRNewswire/ -- Luby's, Inc. (LUB) ("Luby's") today provided an update on the previously announced asset sales program that the Company initiated on April 23, 2018 and expanded on July 16, 2018 to an expected total property sales proceeds range of $25 million to $45 million. Luby's has completed the sale of eight owned properties since May, including the sale of one property in June and seven properties in August, for a total of $11.6 million. The company reduced its outstanding term loan balance to $19.5 million.
LONDON, UK / ACCESSWIRE / July 24, 2018 / If you want access to our free earnings report on Noodles & Co. (NASDAQ: NDLS), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=NDLS. The Company reported its second quarter fiscal 2018 operating and financial results on July 18, 2018. The restaurant chain marked its first positive comparable sales quarter since Q1 2015, as well as its best comparable sales performance in 6 years.
NEW YORK, NY / ACCESSWIRE / July 16, 2018 / Luby's, Inc. (NYSE: LUB ) will be discussing their earnings results in their Q3 Earnings Call to be held on July 16, 2018 at 11:00 AM Eastern Time. To listen ...
The Houston-based company said it had a loss of 49 cents per share. Losses, adjusted for pretax expenses and asset impairment costs, came to 13 cents per share. The casual dining chain posted revenue of ...
HOUSTON , July 16, 2018 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's") today announced unaudited financial results for its twelve-week third quarter fiscal 2018, which ended on June 6, 2018. ...