FLANIGAN'S REPORTS EARNINGS

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May 31, 2022, 11:28 ET

FORT LAUDERDALE, Fla., May 31, 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 26 weeks ended April 2, 2022. The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended April 3, 2021.

		13 Weeks Ended		13 Weeks Ended
REVENUES		April 2, 2022		April 3, 2021

RESTAURANT FOOD AND BAR SALES		$	31,444,000	$	25,739,000
PACKAGE STORE SALES			8,148,000		7,830,000
FRANCHISE RELATED REVENUES			478,000		422,000
RENTAL INCOME			199,000		226,000
OTHER OPERATING INCOME (LOSS)			61,000		140,000
TOTAL REVENUES		$	40,330,000	$	34,357,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	1,660,000	$	2,451,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	0.89	$	1.32


		26 Weeks Ended		26 Weeks Ended
		April 2, 2022		April 3, 2021

RESTAURANT FOOD AND BAR SALES		$	59,656,000	$	48,510,000
PACKAGE STORE SALES			16,659,000		15,841,000
FRANCHISE RELATED REVENUES			924,000		808,000
RENTAL INCOME			398,000		413,000
OTHER OPERATING INCOME			96,000		165,000
TOTAL REVENUES		$	77,733,000	$	65,737,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	3,224,000	$	3,231,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	1.73	$	1.74