FLANIGAN'S REPORTS EARNINGS

FORT LAUDERDALE, Fla., May 31, 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 26 weeks ended April 2, 2022. The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended April 3, 2021.

					13 Weeks Ended			13 Weeks Ended
REVENUES					April 2, 2022			April 3, 2021
RESTAURANT FOOD AND BAR SALES					$	31,444,000		$	25,739,000
PACKAGE STORE SALES						8,148,000			7,830,000
FRANCHISE RELATED REVENUES						478,000			422,000
RENTAL INCOME						199,000			226,000
OTHER OPERATING INCOME (LOSS)						61,000			140,000
TOTAL REVENUES					$	40,330,000		$	34,357,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.					$	1,660,000		$	2,451,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED				$	0.89		$	1.32
					26 Weeks Ended			26 Weeks Ended
					April 2, 2022			April 3, 2021
RESTAURANT FOOD AND BAR SALES					$	59,656,000		$	48,510,000
PACKAGE STORE SALES						16,659,000			15,841,000
FRANCHISE RELATED REVENUES						924,000			808,000
RENTAL INCOME						398,000			413,000
OTHER OPERATING INCOME						96,000			165,000
TOTAL REVENUES					$	77,733,000		$	65,737,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.					$	3,224,000		$	3,231,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED				$	1.73		$	1.74

 

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SOURCE FLANIGAN'S ENTERPRISES, INC.

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