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18.05.2017 23:17:00

Flanigan's Reports Earnings

FORT LAUDERDALE, Fla., May 18, 2017 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE Alternext US: 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 26 weeks ended  April 1, 2017.  The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended April 2, 2016.

 


For the 13 weeks


For the 13 weeks


ended April 1,


ended April 2,


2017


2016





REVENUES








RESTAURANT FOOD AND




          BAR SALES                     

$        22,583,000


$        22,358,000

PACKAGE STORE SALES  

4,191,000


3,994,000

FRANCHISE RELATED REVENUES          

408,000


411,000

RENTAL INCOME                                      

152,000


120,000

OWNER'S FEE                                          

37,000


37,000

OTHER OPERATING INCOME                     

62,000


54,000






TOTAL REVENUES          

$        27,433,000


$        26,974,000









NET  INCOME ATTRIBUTABLE             




TO FLANIGAN'S ENTERPRISES, INC         

$          1,047,000


$             874,000









NET INCOME  PER COMMON SHARE




BASIC AND DILUTED                  

$                   0.56


$                   0.47


























For the 26 weeks


For the 26 weeks


ended April 1, 


ended April 2,


2017


2016









RESTAURANT FOOD AND




          BAR SALES  

$        43,868,000


$       42,640,000

PACKAGE STORE SALES

8,869,000


8,354,000

FRANCHISE RELATED REVENUES 

786,000


803,000

RENTAL INCOME 

311,000


266,000

OWNER'S FEE 

75,000


75,000

OTHER OPERATING INCOME

118,000


114,000









          TOTAL REVENUES 

$        54,027,000


$       52,252,000









NET INCOME ATTRIBUTABLE   




TO FLANIGAN'S ENTERPRISES, INC.

$          1,712,000


$         1,498,000









NET INCOME PER COMMON SHARE




BASIC AND DILUTED  

$                   0.92


$                  0.81





 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-300460438.html

SOURCE Flanigan's Enterprises, Inc.

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