FLANIGAN'S REPORTS EARNINGS
16 August 2023 - 5:44PM
PR Newswire (US)
FORT
LAUDERDALE, Fla., Aug. 16,
2023 /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 39 weeks
ended July 1, 2023. The table
below sets forth the results on a comparative basis with the 13
weeks and the 39 weeks ended July 2,
2022.
|
|
|
|
|
|
13 Weeks
Ended
|
|
13 Weeks
Ended
|
|
|
REVENUES
|
|
|
July 1, 2023
|
|
July 2, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RESTAURANT FOOD AND BAR
SALES
|
$
|
35,813,000
|
|
$
|
32,329,000
|
|
|
PACKAGE STORE
SALES
|
|
|
8,791,000
|
|
|
7,626,000
|
|
|
FRANCHISE RELATED
REVENUES
|
|
|
466,000
|
|
|
460,000
|
|
|
RENTAL
INCOME
|
|
|
|
252,000
|
|
|
213,000
|
|
|
OTHER OPERATING
INCOME
|
|
|
50,000
|
|
|
47,000
|
|
|
TOTAL
REVENUES
|
|
|
$
|
45,372,000
|
|
$
|
40,675,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET INCOME ATTRIBUTABLE
TO
|
|
|
|
|
|
|
|
|
FLANIGAN'S ENTERPRISES,
INC.
|
|
$
|
1,605,000
|
|
$
|
1,835,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET INCOME PER COMMON
SHARE
|
|
|
|
|
|
|
|
|
BASIC AND
DILUTED
|
|
$
|
$0.86
|
|
$
|
$0.99
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
39 Weeks
Ended
|
|
39 Weeks
Ended
|
|
|
|
|
|
|
|
July 1, 2023
|
|
July 2,
2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RESTAURANT FOOD AND BAR
SALES
|
$
|
101,962,000
|
|
$
|
91,985,000
|
|
|
PACKAGE STORE
SALES
|
|
|
26,853,000
|
|
|
24,285,000
|
|
|
FRANCHISE RELATED
REVENUES
|
|
|
1,409,000
|
|
|
1,384,000
|
|
|
RENTAL
INCOME
|
|
|
|
683,000
|
|
|
611,000
|
|
|
OTHER OPERATING
INCOME
|
|
|
129,000
|
|
|
143,000
|
|
|
TOTAL
REVENUES
|
|
|
$
|
131,036,000
|
|
$
|
118,408,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET INCOME ATTRIBUTABLE
TO
|
|
|
|
|
|
|
|
|
FLANIGAN'S ENTERPRISES,
INC.
|
|
$
|
4,126,000
|
|
$
|
5,059,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET INCOME PER COMMON
SHARE
|
|
|
|
|
|
|
|
|
BASIC AND
DILUTED
|
|
$
|
$2.22
|
|
$
|
$2.72
|
|
View original
content:https://www.prnewswire.com/news-releases/flanigans-reports-earnings-301902675.html
SOURCE FLANIGAN'S ENTERPRISES, INC.
Copyright 2023 PR Newswire
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