FLANIGAN'S REPORTS EARNINGS

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

 

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SOURCE FLANIGAN'S ENTERPRISES, INC.

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