Key Developments: Luby's Inc (LUB.N)
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Latest Key Developments (Source: Significant Developments)
Luby's Inc Lowers FY 2013 EPS Guidance And Reaffirms Same Store Sales Guidance
Luby's Inc announced that fiscal 2013, it expect same-store sales to be within previously estimated range of approximately flat to down 1.0%. Earnings per diluted share(EPS) are anticipated to be in the range of $0.19 to $0.22 as the positive contribution from new stores is offset by short term profit margin erosion at legacy restaurants. EPS range has been lowered by $0.02 due to lower estimated sales from Cheeseburger in Paradise. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.26 for fiscal 2013. Full Article
Luby's Inc Lowers FY 2013 EPS And Same Store Sales Guidance-Conference Call
Luby's Inc announced that for fiscal 2013, it expects same-store sales to be flat to down 1% and earnings per diluted share (EPS) to be in the range of $0.21 to $0.25. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.29 for fiscal 2013. Full Article
Luby's Inc Reaffirms FY 2013 EPS And Same Store Sales Guidance
Luby's Inc announced that as announced previously, Luby's expects that its same store sales for its fiscal year 2013 will increase between 0.5% and 1.5%. Earnings per diluted share are anticipated to grow to $0.27 to $0.30 in fiscal 2013, due to increased sales and margin expansion. Full Article
Luby's Inc Reaffirms FY 2013 EPS And Same Store Sales Guidance
Luby's Inc announced that for fiscal 2013, it expects same store sales to increase between 0.5%-1.5% and earnings per diluted share (EPS)is anticipated to grow in the range of $0.27-$0.30, due to increased sales and continued margin expansion. Full Article
Luby's Inc Sees FY 2012 EPS Outlook At High End Of Prior Range; Raises FY 2012 Same Store Sales Outlook; Issues FY 2013 EPS Outlook Above Estimates; Comments On FY 2013 Same Store Sales Outlook
Luby's Inc announced that for fiscal 2012, it now expects diluted earnings per share (EPS) to be on the high end of previous guidance range of $0.18 to $0.21, due to sales consistent with expectations and successful management of costs. Same store sales are anticipated to be approximately 2.3% for fiscal 2012, exceeding guidance of 1.5% and 2.0%. For fiscal 2013, it expects earnings per diluted share will grow to $0.27 to $0.30, due to sales growth and continued margin expansion. Same store sales for fiscal 2013 will increase 0.5% to 1.5%. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.25 for fiscal 2013. Full Article
Luby's, Inc. Raises FY 2012 EPS Guidance And Raises Low End Of Prior FY 2012 Same Store Sales Guidance
Luby's, Inc. announced that for fiscal 2012, it expects same store sales to grow between 1.5% and 2.0% and that earnings from continuing operations per diluted share to be in the range of $0.18 to $0.21. Total restaurants sales for fiscal year 2012 are expected to be between $321 million and $324 million. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.19 for fiscal 2012. Full Article
Luby's, Inc. Raises FY 2012 EPS And Same Store Sales Guidance
Luby's, Inc. raised fiscal 2012 guidance and expects same store sales to grow between 1.0% and 2.0% and earnings per share (EPS) to be in the range of $0.15-$0.18. Total restaurants sales for fiscal year 2012 are expected to be between $320-$323 million. Full Article
Luby's, Inc.'s Culinary Services Announces Partnership With MD Cress & Associates
Luby's, Inc.'s Culinary Services announced a partnership with MD Cress & Associates, a national healthcare advisory firm, to expand upon its footprint in the contract foodservice industry. Full Article
Luby's, Inc. Reaffirms FY 2012 EPS And Same Store Sales Guidance
Luby's, Inc. announced that for fiscal 2012, it continues to expects same store sales to grow by 0.25% to 1.0% and earnings per share (EPS) to be in the range of $0.09 to $0.12. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0,12 for fiscal 2012. Full Article
Luby's, Inc. Issues FY 2012 EPS And Same Store Sales Guidance
Luby's, Inc. announced that for fiscal 2012, it currently expects same store sales to grow by 0.25% to 1.0% and earnings per share (EPS) to be in the range of $0.09 to $0.12. Full Article
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