Flanigan's Reports Earnings

FORT LAUDERDALE, Fla., May 15, 2019 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., 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, 2019.  The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended March 31, 2018.



For the 13 weeks



For the 13 weeks



ended March 30,



ended March 31,



2019



2018

REVENUES















RESTAURANT FOOD AND







            BAR SALES

$ 23,964,000



$ 23,885,000

PACKAGE STORE SALES                

5,092,000



4,866,000

FRANCHISE RELATED REVENUES

429,000



443,000

RENTAL INCOME

192,000



158,000

OWNER'S FEE                                                             

--



37,000

OTHER OPERATING INCOME

59,000



67,000



-----------------



-----------------

TOTAL REVENUES

$29,736,000



$ 29,456,000

















NET INCOME ATTRIBUTABLE







TO FLANIGAN'S ENTERPRISES, INC

$ 1,021,000



$ 1,397,000









NET INCOME PER COMMON SHARE







BASIC AND DILUTED

$ 0.55



$ 0.75



















For the 26 weeks



For the 26 weeks



ended March 30,



ended March 31,



2019



2018









RESTAURANT FOOD AND







            BAR SALES

$ 46,115,000



$ 46,641,000

PACKAGE STORE SALES

10,227,000



9,879,000

FRANCHISE RELATED REVENUES

796,000



823,000

RENTAL INCOME

390,000



315,000

OWNER'S FEE

--



75,000

OTHER OPERATING INCOME        

102,000



116,000



-------------------



-----------------

TOTAL REVENUES

$ 57,630,000



$ 57,849,000









NET INCOME ATTRIBUTABLE







TO FLANIGAN'S ENTERPRISES, INC.  

$ 1,764,000



$ 2,018,000

















NET INCOME PER COMMON SHARE







BASIC AND DILUTED        

$ 0.95



$ 1.09

        

 

Cision View original content:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-300851060.html

SOURCE Flanigan's Enterprises, Inc.

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