HOUSTON Luby’s Inc. said it would close 25 underperforming cafeterias by month’s end to help stem growing losses, which in its latest quarter totaled $23.3 million, more than seven times its loss in the same quarter a year ago. The company said one store was closed during its fourth quarter ended Aug. 25, five stores already were closed during the company’s current first quarter, and 19 more are scheduled to close in the next two weeks. Luby’s will then operate 95 restaurant locations and 15 ...

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:Desiree TorresDesiree.Torres@penton.com

Already registered? here.