8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 1, 2007

Luby's, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

1-8308	74-1335253
(Commission File Number)	(IRS Employer Identification Number)
13111 Northwest Freeway, Suite 600 Houston, TX 77040
(Address of principal executive offices, including zip code)

(713) 329-6800

(Registrant's telephone number, including area code)

(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.

* Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

* Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

* Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

* Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On March 1, 2007, the Company disseminated a press release announcing that Luby’s will announce fiscal 2007 second quarter financial results on March 20, 2007. The Company also reported in the press release that fiscal 2007 second quarter sales were adversely impacted by severe winter weather.  A copy of the press release is attached to this report as Exhibit 99 and incorporated by reference into this Item 2.02. The information and exhibit furnished under Item 2.02 of this Current Report on Form 8-K shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

Item 9.01.Financial Statements and Exhibits.

Exhibit 99   Press release dated March 1, 2007

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LUBY'S, INC.

(Registrant)

Date:	March 2, 2007	By:	/s/ Christopher J. Pappas
			Christopher J. Pappas
			President and
			Chief Executive Officer

EX-99

Luby’s to Announce Second Quarter Financial Results on March 20, 2007

Second Quarter Sales Adversely Impacted by Severe Winter Weather

HOUSTON, TEXAS - March 1, 2007 - Luby's, Inc. (NYSE:LUB) today announced plans to release 2007 second quarter results on Tuesday, March 20, 2007 before the market opens.

The Company noted that sales were adversely affected in the second quarter primarily due to severe winter weather throughout Texas. Many of the Company’s Texas markets experienced harsh winter conditions during January for over one week, including snow and ice storms. Luby’s sales in the second quarter declined 3.9 percent compared to the second quarter last year. Same-store sales declined 3.6 percent during the second quarter compared to the second quarter last year. The Company estimated approximately half of the decline in same-store sales, or 1.5 to 2.0 percent, was related to severe weather.

“The second quarter was challenging from a top line perspective given the adverse weather impact and difficult sales comparison from last year. Overall, winter in Texas has been colder and rainier than it has in recent years. Second quarter sales were also up against a strong same-store sales growth comparison of 6.7 percent during the second quarter last year,” said Chris Pappas, President and CEO. “Despite these challenges, and a competitive industry environment, I am proud of the company’s perseverance and I believe that we are executing well in our restaurants while managing our costs.”  

The company will a host conference call to discuss second quarter fiscal 2007 results on Tuesday, March 20, 2007 at 10:00 AM Central.

The second quarter conference call can be accessed live telephonically at (866) 711-8198, pin code Lubys (58297). A replay of the call will be available approximately two hours after the call ends through March 27, 2007. The replay number is (888) 286-8010 and the pin code is 78712033. A live audio webcast of the conference call will also be available via the Company’s website at http://www.lubys.comto listen online.

Luby’s provides its customers with delicious, home-style food, value pricing, and outstanding customer service at its restaurants in Austin, Dallas, Houston, San Antonio, the Rio Grande Valley, and other locations throughout Texas and other states.  For more information about Luby’s, contact Rick Black at (713)329-6850 or visit the Company’s website at www.lubys.com.