FLANIGAN'S REPORTS EARNINGS

FORT LAUDERDALE, Fla., Aug. 22, 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 39 weeks ended July 2, 2022. The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended July 3, 2021.          

 

						13 Weeks Ended			13 Weeks Ended
REVENUES						July 2, 2022			July 3, 2021
RESTAURANT FOOD AND BAR SALES						$	32,329,000		$	29,101,000
PACKAGE STORE SALES							7,626,000			8,082,000
FRANCHISE RELATED REVENUES							460,000			444,000
RENTAL INCOME							213,000			250,000
OTHER OPERATING INCOME (LOSS)							47,000			58,000
TOTAL REVENUES						$	40,675,000		$	37,935,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.						$	1,835,000		$	7,199,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED					$	0.99		$	3.87
						39 Weeks Ended			39 Weeks Ended
						July 2, 2022			July 3, 2021
RESTAURANT FOOD AND BAR SALES						$	91,985,000		$	77,611,000
PACKAGE STORE SALES							24,285,000			23,923,000
FRANCHISE RELATED REVENUES							1,384,000			1,252,000
RENTAL INCOME							611,000			663,000
OTHER OPERATING INCOME							143,000			223,000
TOTAL REVENUES						$	118,408,000		$	103,672,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.						$	5,059,000		$	10,430,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED					$	2.72		$	5.61

 

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SOURCE FLANIGAN'S ENTERPRISES, INC.

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