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FLANIGAN'S REPORTS EARNINGS

FP Staff ~ 9/10/2024
FORT LAUDERDALE , Fla. , Aug. 14 , 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

FORT LAUDERDALE, Fla., Aug. 14, 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 39 weeks ended June 29, 2024.  The table below sets forth the results on a comparative basis with the 13 weeks and the 39 weeks ended July 1, 2023.                                           

 13 Weeks Ended

 13 Weeks Ended

June 29, 2024

July 1, 2023

REVENUES:

RESTAURANT FOOD AND BAR SALES

$

38,048,000

$

35,813,000

PACKAGE STORE SALES

10,292,000

8,791,000

FRANCHISE RELATED REVENUES

428,000

466,000

RENTAL INCOME

278,000

252,000

OTHER OPERATING INCOME 

56,000

50,000

TOTAL REVENUES

$

49,102,000

$

45,372,000

NET INCOME ATTRIBUTABLE TO 

FLANIGAN'S ENTERPRISES, INC.

$

1,121,000

$

1,605,000

NET INCOME PER COMMON SHARE

BASIC AND DILUTED

$

$0.60

$

$0.86

 39 Weeks Ended

39 Weeks Ended

June 29, 2024

July 1,  2023

REVENUES:

RESTAURANT FOOD AND BAR SALES

$

108,962,000

$

101,962,000

PACKAGE STORE SALES

31,034,000

26,853,000

FRANCHISE RELATED REVENUES

1,291,000

1,409,000

RENTAL INCOME

844,000

683,000

OTHER OPERATING INCOME

180,000

129,000

TOTAL REVENUES

$

142,311,000

$

131,036,000

NET INCOME ATTRIBUTABLE TO 

FLANIGAN'S ENTERPRISES, INC.

$

3,172,000

$

4,126,000

NET INCOME PER COMMON SHARE

BASIC AND DILUTED

$

$1.71

$

$2.22

SOURCE FLANIGAN'S ENTERPRISES, INC. Originally published at https://www.prnewswire.com/news-releases/flanigans-reports-earnings-302222725.html Images courtesy of https://pixabay.com

Photo by Tima Miroshnichenko via Pexels

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