Thursday Sept 12, 2019
Luby's is exploring a possible sale.
The stock has traded in low single digits for years while losing money. Cafeterias have closed. The Pappas Brothers are in control of the firm which also includes Fuddruckers. About 25 years ago senior citizens made Lubys a real item. I suspect as one student remarked, that concept of open food in steam trays is not appealing any longer. Golden Corral has also diminished with the same formula.
The stock price has been in decline for years.
Professor Elam 
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