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.