FLANIGAN'S REPORTS EARNINGS

FORT LAUDERDALE, Fla., Aug. 14, 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 39 weeks ended June 29, 2024.  The table below sets forth the results on a comparative basis with the 13 weeks and the 39 weeks ended July 1, 2023.                                           

					13 Weeks Ended			13 Weeks Ended
					June 29, 2024			July 1, 2023
REVENUES:
RESTAURANT FOOD AND BAR SALES					$	38,048,000		$	35,813,000
PACKAGE STORE SALES						10,292,000			8,791,000
FRANCHISE RELATED REVENUES						428,000			466,000
RENTAL INCOME						278,000			252,000
OTHER OPERATING INCOME						56,000			50,000
TOTAL REVENUES					$	49,102,000		$	45,372,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.					$	1,121,000		$	1,605,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED				$	$0.60		$	$0.86
					39 Weeks Ended			39 Weeks Ended
					June 29, 2024			July 1,  2023
REVENUES:
RESTAURANT FOOD AND BAR SALES					$	108,962,000		$	101,962,000
PACKAGE STORE SALES						31,034,000			26,853,000
FRANCHISE RELATED REVENUES						1,291,000			1,409,000
RENTAL INCOME						844,000			683,000
OTHER OPERATING INCOME						180,000			129,000
TOTAL REVENUES					$	142,311,000		$	131,036,000
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.					$	3,172,000		$	4,126,000
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED				$	$1.71		$	$2.22

 

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SOURCE FLANIGAN'S ENTERPRISES, INC.

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