Flanigan's Reports Earnings

FORT LAUDERDALE, Fla., Dec. 26, 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 52 weeks ended  September 28, 2019.  The table below sets forth the results on a comparative basis with the 13 weeks and 52 weeks ended September 29, 2018.



For the 13 weeks

ended Sept. 28,

2019



For the 13 weeks

ended Sept. 29,

2018

REVENUES 







RESTAURANT FOOD AND

            BAR SALES          

$ 24,076,000



$ 22,342,000

PACKAGE STORE SALES                 

4,348,000



4,245,000

FRANCHISE RELATED REVENUES

400,000



409,000

RENTAL INCOME                                                

186,000



155,000

OWNER'S FEE                                            

--



25,000

OTHER OPERATING INCOME                                

50,000



36,000









TOTAL REVENUES                       

$ 29,060,000



$ 27,212,000









NET INCOME ATTRIBUTABLE

TO FLANIGAN'S ENTERPRISES, INC            

$     916,000



$       616,000









NET INCOME  PER COMMON SHARE

BASIC AND DILUTED                 

$             .49



$             .34



















 For the 52 weeks

ended Sept. 28, 

2019  



For the 52 weeks

ended Sept. 29,

2018









RESTAURANT FOOD AND

            BAR SALES 

$     94,290,000



$   92,305,000

PACKAGE STORE SALES                              

19,327,000



18,559,000

FRANCHISE RELATED REVENUES                

1,610,000



1,652,000

RENTAL INCOME                                             

762,000



626,000

OWNER'S FEE                                                     

--



138,000

OTHER OPERATING INCOME                               

213,000



217,000









         TOTAL REVENUES

$  116,202,000



$ 113,497,000









NET INCOME ATTRIBUTABLE

TO FLANIGAN'S ENTERPRISES, INC.   

$     3,648,000



$   3,677,000









NET INCOME PER COMMON SHARE

BASIC AND DILUTED     

$              1.96



$          1.98

 

Cision View original content:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-300979472.html

SOURCE FLANIGAN'S ENTERPRISES, INC.

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