Luby's Announces Lower Prices and New Dinner Deal

To address the financial strain felt by many of its patrons in this tough economic climate, Luby's, Inc. (NYSE: LUB) has lowered prices on more than 100 items at all of its restaurants. In addition, Luby's is offering a Dinner Deal promotion consisting of 'Buy One Combo, Get One Combo Half Off' at all of its locations every day after 4:30 p.m.

'Our customers have told us it's getting harder and harder to make ends meet, and we've listened,' said Chris Pappas, President and Chief Executive Officer of Luby's. 'Our aim is to allow people the opportunity to dine out more often.'

Luby's lowered individual prices on more than 100 menu items on Monday, July 13th. This means that favorites, such as Luby's Fried Fish and Angus Chopped Steak are priced as low as $8.99. Others, such as Parmesan Chicken Alfredo and Luby's Pan Grilled Tilapia, will now be as low as $7.99.

The 'Buy One Combo, Get One Combo Half Off' promotion also began on July 13th and will run through the end of the summer. The promotion is perfect for couples, families and friends. It is available seven days a week after 4:30 p.m. on both dine-in and to-go orders. A Luby's combo meal consists of a select freshly-prepared entrée, two scrumptious sides and a tasty roll.

Logos, product and company names mentioned are the property of their respective owners.

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