FLANIGAN'S REPORTS EARNINGS

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Jan 25, 2023, 15:54 ET

FORT LAUDERDALE, Fla., Jan. 25, 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 52 weeks ended October 1, 2022. The table below sets forth the results on a comparative basis with the 13 weeks and the 52 weeks ended October 2, 2021.

		13 Weeks Ended		13 Weeks Ended
REVENUES		October 1, 2022		October 2, 2021

RESTAURANT FOOD AND BAR SALES		$	31,642,000	$	27,687,000
PACKAGE STORE SALES			7,407,000		5,381,000
FRANCHISE RELATED REVENUES			442,000		421,000
RENTAL INCOME			203,000		107,000
OTHER OPERATING INCOME			30,000		39,000
TOTAL REVENUES		$	39,724,000	$	33,635,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	1,253,000	$	1,354,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	0.68	$	0.73


		52 Weeks Ended		52 Weeks Ended
		October 1, 2022		October 2, 2021

RESTAURANT FOOD AND BAR SALES		$	123,627,000	$	105,298,000
PACKAGE STORE SALES			31,692,000		29,304,000
FRANCHISE RELATED REVENUES			1,826,000		1,673,000
RENTAL INCOME			814,000		770,000
OTHER OPERATING INCOME			173,000		262,000
TOTAL REVENUES		$	158,132,000	$	137,307,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	6,312,000	$	11,784,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	3.40	$	6.34