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Luby’s contract operations generate double-digit revenue growth
The foodservice management division of the Luby’s cafeteria company boosted revenues for the fiscal year ended Aug. 27 by 11.4 percent, to $18.6 million. The foodservice management division of the Luby’s cafeteria company boosted revenues for the fiscal year ended Aug. 27 by 11.4 percent, to $18.6 million, the company announced.
November 13, 2014
1 Min Read
OAKBROOK TERRACE, Ill. — The foodservice management division of the Luby’s cafeteria company boosted revenues for the fiscal year ended Aug. 27 by 11.4 percent, to $18.6 million, the company announced.
The operation added four accounts during the year, to a total of 25 by Sept. 1. Management noted that the division’s profit margins hit 12.8 percent, far surpassing their target of 9 percent.
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