Subject: ERN
FLANIGAN'S REPORTS EARNINGS
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 | |||||||
SOURCE FLANIGAN'S ENTERPRISES, INC.
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