| Business Summary | | Luby's,
Inc.
operates
219
cafeteria-style
restaurants
located
in
close
proximity
to
retail
centers,
business
developments,
and
residential
areas
in
Arizona,
Arkansas,
Florida,
Louisiana,
Mississippi,
Missouri,
New
Mexico,
Oklahoma,
Tennessee
and
Texas.
Of
the
219
restaurants,
all
of
which
operate
under
the
name
Luby's,
133
are
at
locations
owned
by
the
Company
and
86
are
on
leased
premises.
Each
restaurant
offers
a
broad
and
varied
menu
and
normally
serves
12
to
14
entrees,
12
to
14
vegetable
dishes,
15
to
20
salads,
and
18
to
20
desserts.
Food
is
prepared
in
small
quantities
throughout
serving
hours,
and
frequent
quality
checks
are
made.
The
Company's
restaurants
cater
primarily
to
shoppers
and
office
or
store
personnel
for
lunch
and
to
families
for
dinner.
Its
restaurants
are
open
for
lunch
and
dinner
seven
days
a
week.
All
of
the
restaurants
sell
take-out
orders,
and
most
of
them
have
separate
food-to-go
entrances. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Luby's,
Inc.
operates
219
cafeteria-style
restaurants
under
the
name
Luby's
located
in
close
proximity
to
retail
centers,
business
developments
and
residential
areas
in
AZ,
AR,
FL,
LA,
MS,
MO,
NM,
OK,
TN
and
TX.
For
the
nine
months
ended
5/31/01,
sales
fell
6%
to
$347.8
million.
Net
loss
totaled
$12.5
million
vs.
an
income
of
$17.6
million.
Results
reflect
a
6.3%
decrease
in
same
store
sales,
the
net
closure
of
17
restaurants
and
a
$10.2
million
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Christopher Pappas Pres,
CEO, Director | -- | Ernest Pekmezaris CFO,
Sr. VP | -- | Harris Pappas COO,
Director | -- | Alan Davis, 48 Sr.
VP-Devel. | $186K | Raymond Gabrysch, 49 Sr.
VP - Operations | 186K | Dollar amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|