Luby's, Inc. reported unaudited consolidated earnings results for the first quarter ended December 20, 2017. For the quarter, the company reported total sales of $114.132 million against $114.409 million a year ago. Loss from operations was $4.348 million against $6.474 million a year ago. Loss before income taxes and discontinued operations was $4.876 million against $6.972 million a year ago. Loss from continuing operations was $4.867 million or $0.17 per basic and diluted share against $5.514 million or $0.19 per basic and diluted share a year ago. Net loss was $4.902 million or $0.17 per basic and diluted share against $5.586 million or $0.19 per basic and diluted share a year ago. Net cash provided by operating activities was $3.482 million against $3.241 million a year ago. Purchases of property and equipment were $4.325 million against $4.980 million a year ago. Adjusted EBITDA was $2.631 million against $1.466 million a year ago.

For the fiscal year 2018, the company expects its capital expenditures to be under $12 million in the fiscal year 2018.