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Luby’s narrows loss in 1Q

Company sees improved sales comparisons at cafeterias, burger restaurants

Luby’s Inc. narrowed its loss in the first quarter ended Dec. 16 on increased sales at its cafeteria, and its Fuddruckers and Cheeseburger in Paradise brands, the company reported Thursday.

The San Antonio-based multi-concept and contract services provider reported a net loss of $1.6 million, or 6 cents per share, compared with a loss of $4.4 million, or 11 cents per share, in the same period last year. Revenue increased 39 percent, to $120.7 million, from $86.9 million in last

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