FLANIGAN'S REPORTS EARNINGS

15.05.24 21:21 Uhr Importer

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FORT LAUDERDALE, Fla., May 15, 2024 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE AMERICAN: BDL) owners and operators of the "Flanigan's Seafood Bar and Grill" restaurants and "Big Daddy's" retail liquor stores, announced results for the 13 weeks and the 26 weeks ended March 30, 2024. The table below sets forth the results on a comparative basis with the 13 weeks and the 26 weeks ended April 1, 2023.

		13 Weeks Ended		13 Weeks Ended
REVENUES		March 30, 2024		April 1, 2023

RESTAURANT FOOD AND BAR SALES		$	37,096,000	$	34,394,000
PACKAGE STORE SALES			10,140,000		8,659,000
FRANCHISE RELATED REVENUES			445,000		484,000
RENTAL INCOME			313,000		218,000
OTHER OPERATING INCOME			75,000		48,000
TOTAL REVENUES		$	48,069,000	$	43,803,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	1,942,000	$	1,897,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	$1.04	$	$1.02

		26 Weeks Ended		26 Weeks Ended
		March 30, 2024		April 1, 2023

RESTAURANT FOOD AND BAR SALES		$	70,914,000	$	66,149,000
PACKAGE STORE SALES			20,742,000		18,062,000
FRANCHISE RELATED REVENUES			863,000		943,000
RENTAL INCOME			566,000		431,000
OTHER OPERATING INCOME			124,000		79,000
TOTAL REVENUES		$	93,209,000	$	85,664,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	2,051,000	$	2,521,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	$1.10	$	$1.36