Flanigan's Reports Earnings

FORT LAUDERDALE, Fla., Aug. 13, 2019 /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 June 29, 2019.  The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended June 30, 2018. 

	For the 13 weeks			For the 13 weeks
	ended June 29,			ended June 30,
	2019			2018
REVENUES
RESTAURANT FOOD AND
BAR SALES	$	24,099,000		$	23,322,000
PACKAGE STORE SALES	4,752,000			4,435,000
FRANCHISE RELATED REVENUES	414,000			420,000
RENTAL INCOME	186,000			156,000
OWNER'S FEE	--			38,000
OTHER OPERATING INCOME	61,000			65,000
TOTAL REVENUES	$	29,512,000		$	28,436,000
NET INCOME ATTRIBUTABLE TO	$	968,000		$	1,043,000
FLANIGAN'S ENTERPRISES, INC.
NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$	0.52		$	0.56

 

	For the 39 weeks			For the 39 weeks
	ended June			ended June
	29, 2019			30, 2018
RESTAURANT FOOD AND
BAR SALES	$	70,214,000		$	69,963,000
PACKAGE STORE SALES	14,979,000			14,314,000
FRANCHISE RELATED REVENUES	1,210,000			1,243,000
RENTAL INCOME	576,000			471,000
OWNER'S FEE	--			113,000
OTHER OPERATING INCOME	163,000			181,000
TOTAL REVENUES	$	87,142,000		$	86,285,000
NET INCOME ATTRIBUTABLE TO	$	2,732,000		$	3,061,000
FLANIGAN'S ENTERPRISES, INC
NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$	1.47		$	1.65

 

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SOURCE Flanigan's Enterprises, Inc.

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