Company profile

Ticker
LUB
Exchange
Website
CEO
Christopher James Pappas
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Lubys Cafeterias Inc
SEC CIK
IRS number
741335253

LUB stock data

(
)

Calendar

20 Jul 20
7 Aug 20
26 Aug 20

News

Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Aug 19
Revenue 18.99M 68.56M 95.15M 71.36M
Net income -24.98M -3.8M -8.3M -9.07M
Diluted EPS -0.82 -0.13 -0.27 -0.3
Net profit margin -132% -5.55% -8.72% -12.71%
Operating income -23.7M -2.42M -6.53M -7.57M
Net change in cash 7.04M 3.35M 94K 447K
Cash on hand 14.12M 7.08M 3.73M 3.64M
Annual (USD) Aug 19 Aug 18 Aug 17 Aug 16
Revenue 323.47M 365.2M 376.03M 402.64M
Net income -15.2M -33.57M -23.26M -10.35M
Diluted EPS -0.51 -1.12 -0.79 -0.35
Net profit margin -4.70% -9.19% -6.19% -2.57%
Operating income -9M -22.19M -17.47M -3.32M
Net change in cash -82K 2.63M -243K -162K
Cash on hand 3.64M 3.72M 1.1M 1.34M

Financial data from Luby's earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jul 20 Bodzy Gerald W Restricted Stock Award Grant Aquire A No 1.45 27,069 39.25K 207,010
1 Jul 20 Morlock John B Restricted Stock Award Grant Aquire A No 1.45 2,586 3.75K 11,498
1 Jul 20 Read Randolph C Restricted Stock Award Grant Aquire A No 1.45 27,828 40.35K 106,192
1 Jul 20 Griffin Jill Restricted Stock Award Grant Aquire A No 1.45 2,586 3.75K 112,500
1 Jul 20 Mir Gasper Iii Restricted Stock Award Grant Aquire A No 1.45 19,138 27.75K 249,418
35.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 26 30 -13.3%
Opened positions 0 2 EXIT
Closed positions 4 4
Increased positions 8 8
Reduced positions 10 11 -9.1%
13F shares
Current Prev Q Change
Total value 7.16M 24.43M -70.7%
Total shares 10.68M 11.11M -3.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Bandera Partners 2.86M $1.92M +0.1%
Dimensional Fund Advisors 2.14M $1.43M -0.7%
Hodges Capital Management 1.89M $1.27M +12.7%
Sunbelt Securities 1.05M $704K -8.7%
Grace & White 704.32K $472K -2.9%
BLK BlackRock 564.31K $379K -0.2%
Fondren Management 357K $239K -59.4%
Renaissance Technologies 347.13K $233K -2.0%
Vanguard 277.35K $186K +5.7%
Bridgeway Capital Management 163.1K $109K +27.3%
Largest transactions
Shares Bought/sold Change
Fondren Management 357K -523.2K -59.4%
Hodges Capital Management 1.89M +212.64K +12.7%
Sunbelt Securities 1.05M -100.42K -8.7%
Bridgeway Capital Management 163.1K +35K +27.3%
Grace & White 704.32K -21K -2.9%
Dimensional Fund Advisors 2.14M -15.6K -0.7%
Vanguard 277.35K +14.86K +5.7%
UBS UBS 83.24K -12.21K -12.8%
Americana Partners 0 -8K EXIT
Renaissance Technologies 347.13K -7.15K -2.0%

Financial report summary

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Risks
  • We are exploring various strategic alternatives to enhance shareholder value, but this strategic review process may not result in the achievement of the desired goal of enhancing shareholder value.
  • General economic and business conditions as well as those specific to the restaurant industry may adversely affect our business, financial condition and results of operations.
  • We face intense competition, and if we are unable to compete effectively or if customer preferences change, our business, financial condition and results of operations may be adversely affected.
  • Failure of our efforts designed to effect a turn-around of the business could adversely affect our business, financial condition and results of operations.
  • Our ability to service our debt obligations is primarily dependent upon our future financial performance.
  • The impact of inflation may adversely affect our results of operations.
  • We face the risk of adverse publicity and litigation, which could have a material adverse effect on our business and financial performance.
  • 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.
  • We may be required to recognize additional impairment charges.
  • 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 and results of operations.
  • 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 business is subject to extensive federal, state and local laws and regulations.
  • Termination of franchise agreements may disrupt restaurant performance.
  • Franchisees may breach the terms of their franchise agreements in a manner that adversely affects the reputation of our brands.
  • Our strategic initiative to transition the majority of our company-owned Fuddruckers restaurants to franchise operators may not be fully realizable.
  • Expansion of our CCS operations may not be successful.
  • Failure to collect account receivables could adversely affect our results of operations.
  • If we lose the services of any of our key management personnel, our business could suffer.
  • Our business is subject to seasonal fluctuations, and, as a result, our results of operations for any given quarter may not be indicative of the results that may be achieved for the full fiscal year.
  • We may not be able to adequately protect our intellectual property, which could harm the value of our brands and adversely affect our business.
  • The price of our common stock may experience volatility.
  • Appraisals of our properties are estimates of value and may not necessarily correspond to realizable value.
Management Discussion
  • Comparability between quarters is affected by the varying lengths of the quarters and quarters ending at different points in the calendar year when seasonal patterns for sales are different. Both the quarter ended June 3, 2020 and the quarter ended June 5, 2019 consisted of 12 weeks.
  • The Company has five reportable segments: Luby's cafeterias, Fuddruckers restaurants, Cheeseburger in Paradise, Fuddruckers franchise operations, and Culinary contract services.
  • Total restaurant sales decreased approximately $51.8 million in the quarter ended June 3, 2020 compared to the quarter ended June 5, 2019. The decrease in restaurant sales included an approximate $33.1 million decrease in sales at stand-alone Luby's Cafeterias, an approximate $13.9 million decrease in sales at stand-alone Fuddruckers restaurants, an approximate $4.1 million decrease in sales from Combo locations, and an approximate $0.7 million decrease in sales at Cheeseburger in Paradise restaurants.
Content analysis ?
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