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Flanigan's Reports Earnings

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FORT LAUDERDALE, Fla., Aug. 13, 2019 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE: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





 

Cision View original content:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-300901190.html

SOURCE Flanigan's Enterprises, Inc.

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