FLANIGAN'S REPORTS EARNINGS

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Jan 18, 2022, 16:13 ET

FORT LAUDERDALE, Fla., Jan. 18, 2022 /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, today announced results for the 13 weeks and the 52 weeks ended October 2, 2021. The table below sets forth the results on a comparative basis with the 14 weeks and 53 weeks ended October 3, 2020.

		13 Weeks Ended		14 Weeks Ended
REVENUES		October 2, 2021		October 3, 2020

RESTAURANT FOOD AND BAR SALES		$	27,687,000	$	20,347,000
PACKAGE STORE SALES			5,381,000		7,443,000
FRANCHISE RELATED REVENUES			421,000		315,000
RENTAL INCOME			107,000		126,000
OTHER OPERATING INCOME (LOSS)			39,000		14,000
TOTAL REVENUES		$	33,635,000	$	28,245,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	1,354,000	$	423,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	0.73	$	0.22


		52 Weeks Ended		53 Weeks Ended
		October 2, 2021		October 3, 2020

RESTAURANT FOOD AND BAR SALES		$	105,298,000	$	84,652,000
PACKAGE STORE SALES			29,304,000		26,276,000
FRANCHISE RELATED REVENUES			1,673,000		1,260,000
RENTAL INCOME			770,000		680,000
OTHER OPERATING INCOME			262,000		109,000
TOTAL REVENUES		$	137,307,000	$	112,977,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	11,784,000	$	1,110,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	6.34	$	0.60