Good Lifestyle

What was your favorite place to catch aBurger, fries and a shake during childhood? For some, their first choice can simply be Fuddruckers, alias the house "biggest burgers in the world".

Unfortunately, the popular catering chain that currently operates in 24 states (and Puerto Rico), as manyWell-known chains, took a financial hit since the beginning of the pandemic. Between the mandatory spring and current capacity restrictions, Fuddruckers are not as profitable as that. In addition to a slight drop in feet traffic over the last decade, he has a considerable decline in revenue this year, which questioned the existence of Fuddruckers.

Lubby's Inc., which is the parent company of the cafeteria and the fuddles of Luby, has definitely closed 16 units during this current fiscal year. Three of these units were Fuddruckers locations. Now, only 31 Fuddruckers sites remain belonging to Luby's Inc., as the others are operated by franchisees. Nevertheless, several places across the country remain closed. (Stay informed:Sign up for our newsletter to get the latest Coronavirus Foods news delivered directly to your inbox.)

As of June 3, 17 of the 31 Lubby Inc. Fuddruckers locations, reopened that the mandatory judgment and the franchisees have opened 59 locations since then. Although it is an excellent sign that the locations have reoccuous and some have been able to take to take away and delivery in recent months in the respective states, it is not enough to help offset the many losses that Luby Inc. Endatures.

For the third quarter ended June 3, the net loss of parent company expanded $ 25 million, ranging from $ 5.3 million during the same period last year. In addition, sales fell $ 74.8 million in the same quarter last year at only $ 19 million in this year.

Although many places still exist, if the fuddruckers near you will be around here the end of 2020, that's another question. For more love grief, check7 regional fast food chains that you can never come back.