Flanigan's Reports Earnings

December 26, 2019 5:27 PM EST

FORT LAUDERDALE, Fla., Dec. 26, 2019 /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 52 weeks ended  September 28, 2019.  The table below sets forth the results on a comparative basis with the 13 weeks and 52 weeks ended September 29, 2018.

For the 13 weeks

ended Sept. 28,

2019

For the 13 weeks ended Sept. 29,

2018

REVENUES 

RESTAURANT FOOD AND

            BAR SALES          

$ 24,076,000

$ 22,342,000

PACKAGE STORE SALES                 

4,348,000

4,245,000

FRANCHISE RELATED REVENUES

400,000

409,000

RENTAL INCOME                                                

186,000

155,000

OWNER'S FEE                                            

--

25,000

OTHER OPERATING INCOME                                

50,000

36,000

TOTAL REVENUES                       

$ 29,060,000

$ 27,212,000

NET INCOME ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC            

$     916,000

$       616,000

NET INCOME  PER COMMON SHARE BASIC AND DILUTED                 

$             .49

$             .34

 For the 52 weeks ended Sept. 28, 2019  

For the 52 weeks ended Sept. 29, 2018

RESTAURANT FOOD AND

            BAR SALES 

$     94,290,000

$   92,305,000

PACKAGE STORE SALES                              

19,327,000

18,559,000

FRANCHISE RELATED REVENUES                

1,610,000

1,652,000

RENTAL INCOME                                             

762,000

626,000

OWNER'S FEE                                                     

--

138,000

OTHER OPERATING INCOME                               

213,000

217,000

         TOTAL REVENUES

$  116,202,000

$ 113,497,000

NET INCOME ATTRIBUTABLE

TO FLANIGAN'S ENTERPRISES, INC.   

$     3,648,000

$   3,677,000

NET INCOME PER COMMON SHARE BASIC AND DILUTED     

$              1.96

$          1.98

 

Cision View original content:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-300979472.html

SOURCE FLANIGAN'S ENTERPRISES, INC.



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