Christopher Pappas, CEO of Luby’s Inc, purchased 18,441 and 19,859 shares of Luby’s Inc (Stock Symbol: LUB) at $4.81 and $4.68 per share for a total amount of $180 thousand dollars on Jan 27, 2015 and Jan 29, 2015 respectively.
Luby’s Inc is headquartered in Houston, Texas.
On Jan 29, 2015, Cheeseburger in Paradise announced that it will kick off 2015 with a dedicated menu designed for guests hoping to substantially reduce their gluten intake while still enjoying fulfilling foods and flavors. Boatloads of options, ranging from appetizers and salads to specialties and sides, make finding a diet-friendly option a breeze. Cheeseburger in Paradise is listed on Gluten Free Registry, a database of more than 39,000 gluten-free friendly restaurants around the world.
On Jan 12, 2015, Fuddruckers, a Texas-based heritage brand, announced that it will debut its first Maine location this May through a new franchise partnership with B&B Burgers, Inc. of Ellsworth. B&B Burgers, Inc. was co-founded by Brad Holmes and Chuck Lawrence, a longtime Fuddruckers fan, who has operated convenience and grocery stores in the area for more than two decades.
On 12/17/2014, Luby’s Inc announced unaudited financial results for its twelve-week first quarter fiscal 2015, which ended on November 19, 2014. Total revenues for the first quarter fiscal 2015 increased $1.0 million to $86.9 million. Loss from continuing operations before special items was $0.07 per diluted share compared to income from continuing operations before special items of $0.02 per diluted share in the first quarter fiscal 2014. Our first fiscal quarter has historically been a seasonally weaker quarter with lower guest traffic in the period after the start of school, but before the Thanksgiving holiday.
According to Capital IQ, Luby’s has a market cap of $139.25M, an enterprise value of $185.74M, and trailing 12 month revenues of $395.39M.
Lubys, Inc., through its subsidiaries, operates as a multi-brand restaurant company in the United States. The company operates in three segments: Company Owned Restaurants, Franchise Operations, and Culinary Contract Services. Its primary brands include Lubys Cafeteria, Fuddruckers, and Cheeseburger, as well as other brands comprise Bob Lubys Seafood, Lubys, Etc., and Koo Koo Roo Chicken Bistro. The company also offers culinary contract services consisting of contract arrangements to manage food services for clients operating in healthcare, higher education, and corporate dining businesses. It operates 94 Luby’s Cafeterias, 71 Fuddruckers restaurants, 8 Cheeseburger in Paradise full service restaurants and bars, and 1 Bob Luby’s Seafood Grill. Lubys, Inc. also franchises 110 Fuddruckers franchise locations across the United States, including Puerto Rico, as well as Canada, Mexico, Italy, and the Dominican Republic; and provides food service management to 25 sites. The company was formerly known as Lubys Cafeterias, Inc. Luby’s, Inc. was founded in 1947 and is headquartered in Houston, Texas.
Chris Pappa’s most recent annual compensation from Luby’s is a salary of $705,867, $102,043 in other compensation, and a total compensation of $1,007,910. Mr. Pappas is 68 years old.
According to his biography, Mr. Christopher J. Pappas is President, Chief Executive Officer and Director of Luby’s, Inc. Mr. Pappas is a member of the Executive Committee. He also has been Chief Executive Officer of Pappas Restaurants, Inc. since 1980. Mr. Pappas graduated from the University of Texas with a Bachelor of Science in Mechanical Engineering. He sits on the advisory board of Amegy Bank N.A. (formerly Southwest Bank of Texas N.A.), and he previously served as a director on its board. Mr. Pappas is also a director of the National Restaurant Association; the University of Houston Conrad Hilton School of Hotel and Restaurant Management Dean’s Advisory Board; and the Greater Houston Partnership Board.
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