Luby’s Inc. said it would keep a cautious eye on commodity prices after higher food costs hurt the bottom line in the second quarter. The parent company of 96 Luby’s Cafeterias and 185 Fuddruckers units reported a loss of $211,000, or 1 cent per share, for the Feb. 9-ended second quarter, compared with profit of $141,000, or about 1 cent per share, in the same quarter last year. Excluding special items, income from continuing operations was $27,000 compared with $56,000 in the ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
 

Questions about your account or how to access content? 

Contact: Brian Galletta (813) 627-6722 Brian.galletta@penton.com or Desiree Torres (813)-627-6792 Desiree.Torres@penton.com

Already registered? here.