FLANIGAN'S REPORTS EARNINGS

FORT LAUDERDALE, Fla., Jan. 18, 2022 /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, today announced results for the 13 weeks and the 52 weeks ended October 2, 2021. The table below sets forth the results on a comparative basis with the 14 weeks and 53 weeks ended October 3, 2020.

					13 Weeks Ended			14 Weeks Ended
REVENUES					October 2, 2021			October 3, 2020
RESTAURANT FOOD AND BAR SALES					$	27,687,000		$	20,347,000
PACKAGE STORE SALES						5,381,000			7,443,000
FRANCHISE RELATED REVENUES						421,000			315,000
RENTAL INCOME						107,000			126,000
OTHER OPERATING INCOME (LOSS)						39,000			14,000
TOTAL REVENUES					$	33,635,000		$	28,245,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.					$	1,354,000		$	423,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED				$	0.73		$	0.22
					52 Weeks Ended			53 Weeks Ended
					October 2, 2021			October 3, 2020
RESTAURANT FOOD AND BAR SALES					$	105,298,000		$	84,652,000
PACKAGE STORE SALES						29,304,000			26,276,000
FRANCHISE RELATED REVENUES						1,673,000			1,260,000
RENTAL INCOME						770,000			680,000
OTHER OPERATING INCOME						262,000			109,000
TOTAL REVENUES					$	137,307,000		$	112,977,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.					$	11,784,000		$	1,110,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED				$	6.34		$	0.60

 

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SOURCE FLANIGAN'S ENTERPRISES, INC.

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