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Luby's Inc Lowers FY 2013 EPS Guidance And Reaffirms Same Store Sales Guidance

Wednesday, 12 Jun 2013 06:10pm EDT 

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. 

Company Quote

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19 Dec 2014