Luby's, Inc. (LUB) News
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Latest LUB News From Around the Web
Below are the latest news stories about LUBYS INC that investors may wish to consider to help them evaluate LUB as an investment opportunity.
Luby's, Inc. to Issue a $0.50 Per Share Cash Liquidating DistributionLuby's, Inc. (NYSE: LUB) ("Luby's"), which is in the process of monetizing its assets for the benefit of its shareholders, announced today that the Company's Board of Directors has declared a cash liquidating distribution of $0.50 per share to be paid on March 28, 2022 to shareholders of record as of March 21, 2022. The liquidating distribution is being paid from the net proceeds from recent property sales. The distribution follows an initial distribution of $2.00 per share paid on November 1, 2 |
Fuddruckers Debuts New Menus Featuring Plant-Based OfferingsFuddruckers Restaurants, serving guests the World's Greatest Hamburgers® since 1980, today announced the debut of new combo menus at 14 Fuddruckers, Black Titan Holdings LLC, restaurant locations, featuring gourmet plant-based offerings, exclusively developed for Fuddruckers. |
Fuddruckers to close its remaining Orlando-area locationsHouston-based Fuddruckers — known for its large hamburgers — has left the Central Florida market. The national fast-casual burger chain announced Monday via Facebook that it will close its remaining area restaurants, Fuddruckers of Apopka and Fuddruckers East Colonial. “After a great deal of careful consideration, we are definitely closing our restaurants ... It was a very difficult decision, but ultimately necessary.” |
Luby's Issues First Quarter Fiscal 2022 ReportLuby's, Inc. (NYSE: LUB) ("Luby's") which is in the process of monetizing its assets for the benefit of its shareholders, announced today its financial results for the first quarter ended December 15, 2021. |
Clark Street Value: “Luby’s (LUB) has Exceeded My Expectations”Clark Street Value, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. An annual portfolio return of 74.99% was recorded by the fund for the year 2021, versus 28.71% for the S&P 500, and an IRR since the inception of 29.12%. over the same period. […] |
A Lesson in Deep Value With Luby'sThe stock has always looked cheap |
Luby's increases value of liquidation distributions after property sales, better-than-expected resultsLuby's shareholders approved a plan to liquidate and dissolve the business last year, and the firm has already closed sales of its Luby's Cafeteria and Fuddruckers brands as well as several real estate assets. |
Luby's Fiscal 2021 Year End Estimated Net Assets in Liquidation Increased to $5.00 per Share (of which $2.00 was paid on November 1, 2021)Luby's, Inc. (NYSE: LUB) ("Luby's") which is in the process of monetizing its assets for the benefit of its shareholders, announced today its financial results for the fiscal year ended August 25, 2021. |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on TuesdayGood morning, trader! |
Ardent Residential gets initial OK to transform a Luby's into apartmentsA Luby's restaurant in North Austin could soon be transformed into a multifamily development. Ardent Residential is working on rezoning the site off North MoPac Expressway to MF-6, which is the highest-density multifamily zoning category. |