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Luby's Inc Lowers High End of Prior FY 2013 EPS Guidance; Issues FY 2014 Same-Store Sales Guidance

Friday, 25 Oct 2013 08:30am EDT 

Luby's Inc announced that for fiscal 2013, it expects income from continuing operations per share (EPS) will range from $0.13 to $0.14. Excluding the first year loss of approximately $1.8 million from Cheeseburger in Paradise, the Company anticipate income from continuing operations per share will be $0.19 to $0.20. For fiscal 2014, it expects to grow same-store sales up to 1% from fiscal 2013 levels. Restaurant sales are expected to be in the range of $375 million to $385 million, including $8 to $10 million from new stores opening in fiscal 2014. 

Company Quote

0.12 +2.36%
3:49pm EDT