Luby's, Inc. operates two core restaurant brands: Luby's Cafeterias and Fuddruckers. Luby's is also the franchisor for the Fuddruckers restaurant brand. In addition, through its Luby's Culinary Contract Services business segment, Luby's provides food service management to sites consisting of healthcare, corporate dining locations, sports stadiums, and sales through retail grocery stores. Luby's is operating these businesses pending their sale under its previously announced plan of liquidation and dissolution referenced above.

Company profile
Ticker
LUB
Exchange
Website
CEO
Christopher Pappas
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LUBYS CAFETERIAS INC, LUBYS INC
SEC CIK
Corporate docs
Subsidiaries
Luby’s Fuddruckers Restaurants, LLC • Luby’s Bevco, Inc. • Luby’s Bev I, LLC • Luby’s Bev II, LLC • Fuddruckers of Annapolis, LLC • Paradise Cheeseburgers, LLC • Paradise Restaurant Group, LLC • Cheeseburger of Algonquin, LLC • Cheeseburger of California, LLC • Cheeseburger of Downers Grove, LLC ...
IRS number
741335253
LUB stock data
Calendar
21 Apr 22
26 Jun 22
31 Aug 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Aug 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Aug 21 | Aug 20 | Aug 19 | Aug 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Jul 21 | Day Twila | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0 | 107,670 |
6 Jul 21 | Day Twila | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0 | 0 |
6 Jul 21 | Morlock John B | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0 | 20,318 |
6 Jul 21 | Morlock John B | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0 | 0 |
6 Jul 21 | Read Randolph C | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0 | 123,591 |
6 Jul 21 | Read Randolph C | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0 | 0 |
6 Jul 21 | Mir Gasper Iii | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0 | 278,782 |
6 Jul 21 | Mir Gasper Iii | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0 | 0 |
6 Jul 21 | Markantonis Frank | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0 | 309,688 |
6 Jul 21 | Markantonis Frank | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0 | 0 |
Institutional ownership, Q4 2021
40.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 35 |
Opened positions | 7 |
Closed positions | 3 |
Increased positions | 6 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 37.33M |
Total shares | 12.5M |
Total puts | 75.5K |
Total calls | 37.6K |
Total put/call ratio | 2.0 |
Largest owners | Shares | Value |
---|---|---|
Hodges Capital Management | 4.32M | $12.35M |
Bandera Partners | 2.86M | $8.18M |
BML Investment Partners | 1.35M | $5.52M |
Sunbelt Securities | 845.2K | $2.36M |
Vanguard | 807.92K | $2.31M |
BLK Blackrock | 476.85K | $1.36M |
Renaissance Technologies | 329.36K | $942K |
Boothbay Fund Management | 267.55K | $765K |
Arrowstreet Capital, Limited Partnership | 200.06K | $572K |
JBF Capital | 182.26K | $522K |
Financial report summary
?Risks
- The amount of cash available to distribute to stockholders depends on our ability to successfully execute our monetization strategy and dispose of all or substantially all of our assets.
- Notwithstanding stockholder approval of the Plan of Liquidation, the Board may determine not to proceed with the dissolution or may amend or modify the Plan of Liquidation without further stockholder approval.
- If we fail to retain sufficient funds to pay the liabilities actually owed to our creditors, each stockholder receiving liquidating distributions could be liable for payment to our creditors for such stockholder's pro rata share of any shortfall, up to the amount actually distributed to such stockholder in connection with the dissolution.
- General economic and business conditions as well as those specific to the restaurant industry may adversely affect our business and our net assets in liquidation.
- Failure to collect accounts receivable or amounts receivable under promissory notes provided by buyers of our businesses and assets could adversely affect our financial performance and net assets in liquidation.
- We may not be able to fully utilize our net operating losses ("NOLs").
- The impact of inflation may adversely affect our financial performance.
- We face the risk of adverse publicity and litigation, which could have a material adverse effect on our business and financial performance.
- We may be harmed by security risks we face in connection with our electronic processing and transmission of confidential customer and employee information.
- Labor shortages or increases in labor costs could adversely affect our business, financial performance and net assets in liquidation.
- If we are unable to anticipate and react to changes in food, utility and other costs, our results of operations could be materially adversely affected.
- Our property taxes could increase due to reassessment or property tax rate changes
- Our business is subject to extensive federal, state and local laws and regulations.
- We are subject to risks related to the provision of employee healthcare benefits, worker’s compensation and employee injury claims.
- An increase in the minimum wage and regulatory mandates could adversely affect our financial performance.
- The price of our common stock may experience volatility.
Management Discussion
- For the 12 week period ended November 18, 2020. under the going concern basis of accounting (in thousands):
- Under the liquidation basis of accounting subsequent to November 18, 2020, we no longer report Results of Operations information.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
Exhibit, incorporated, jointly, packaged, PRI, wholly
Removed:
Human, Paulette, Vice
Financial reports
Current reports
8-K
Luby’s, Inc. Announces Completion of Transfer of Remaining Assets to a Liquidating Trust
6 Jun 22
8-K
Results of Operations and Financial Condition
21 Apr 22
8-K
Departure of Directors or Certain Officers
31 Mar 22
8-K
Other Events
10 Mar 22
8-K
Results of Operations and Financial Condition
31 Jan 22
8-K
Results of Operations and Financial Condition
19 Nov 21
8-K
Completion of Acquisition or Disposition of Assets
4 Oct 21
8-K
Entry into a Material Definitive Agreement
3 Sep 21
8-K
Departure of Directors or Certain Officers
1 Sep 21
8-K
Submission of Matters to a Vote of Security Holders
25 Aug 21
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jun 22
25-NSE
Exchange delisting
31 May 22
8-A12B
Registration of securities on exchange
15 Feb 18
S-8
Registration of securities for employees
14 Apr 16
S-8
Registration of securities for employees
29 Jan 13
8-A12B
Registration of securities on exchange
1 Feb 11
8-A12B/A
Registration of securities on exchange (amended)
22 Feb 09
8-A12B/A
Registration of securities on exchange (amended)
29 Oct 07
8-A12B
Registration of securities on exchange
22 Mar 07
S-3/A
Shelf registration (amended)
11 Oct 06
Proxies
DEFA14A
Additional proxy soliciting materials
10 Nov 20
DEFA14A
Additional proxy soliciting materials
10 Nov 20
DEFA14A
Additional proxy soliciting materials
22 Oct 20
DEFA14A
Additional proxy soliciting materials
22 Oct 20
DEF 14A
Definitive proxy
6 Oct 20
PRE 14A
Preliminary proxy
11 Sep 20
DEFA14A
Additional proxy soliciting materials
8 Sep 20
DEFA14A
Additional proxy soliciting materials
29 Jan 20
Other
UPLOAD
Letter from SEC
19 Dec 18
CORRESP
Correspondence with SEC
17 Dec 18
CORRESP
Correspondence with SEC
17 Dec 18
UPLOAD
Letter from SEC
16 Dec 18
UPLOAD
Letter from SEC
16 Dec 18
CERT
Certification of approval for exchange listing
27 Feb 18
NO ACT
No action letter
1 Oct 17
UPLOAD
Letter from SEC
25 Mar 15
CORRESP
Correspondence with SEC
19 Mar 15
UPLOAD
Letter from SEC
5 Mar 15
Ownership
SC 13G/A
LUBYS / BML Investment Partners ownership change
27 Jan 22
SC 13G
LUBYS / BML Investment Partners ownership change
22 Jul 21
4
LUBYS / JILL GRIFFIN ownership change
8 Jul 21
4
LUBYS / GERALD W BODZY ownership change
8 Jul 21
4
LUBYS / JOE C MCKINNEY ownership change
8 Jul 21
4
LUBYS / FRANK MARKANTONIS ownership change
8 Jul 21
4
LUBYS / GASPER MIR III ownership change
8 Jul 21
4
LUBYS / RANDOLPH C READ ownership change
8 Jul 21
4
LUBYS / JOHN B MORLOCK ownership change
8 Jul 21
4
LUBYS / Twila Day ownership change
8 Jul 21
Transcripts
2020 Q1
Earnings call transcript
3 Feb 20
2019 Q4
Earnings call transcript
26 Nov 19
2019 Q3
Earnings call transcript
15 Jul 19
2019 Q2
Earnings call transcript
22 Apr 19
2019 Q1
Earnings call transcript
28 Jan 19
2018 Q4
Earnings call transcript
12 Nov 18
2018 Q3
Earnings call transcript
16 Jul 18
2018 Q2
Earnings call transcript
23 Apr 18
2018 Q1
Earnings call transcript
29 Jan 18
Reddit threads
Transocean ($RIG) is VALUABLE- Q2 Stock Trading Ideas
1 Apr 22
Daily Discussion Thread - February 28th, 2022
28 Feb 22
Daily Discussion Thread - February 25th, 2022
25 Feb 22
Daily Discussion Thread - February 21st, 2022
21 Feb 22
Daily Discussion Thread - February 18th, 2022
18 Feb 22
Daily Discussion Thread - February 14th, 2022
14 Feb 22
Daily Discussion Thread - February 11th, 2022
11 Feb 22
Daily Discussion Thread - February 7th, 2022
7 Feb 22
Daily Discussion Thread - February 4th, 2022
4 Feb 22
Daily Discussion Thread - November 2nd, 2021
2 Nov 21