FLANIGAN'S REPORTS EARNINGS

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Aug 14, 2024, 14:35 ET

FORT LAUDERDALE, Fla., Aug. 14, 2024 /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 June 29, 2024. The table below sets forth the results on a comparative basis with the 13 weeks and the 39 weeks ended July 1, 2023.

		13 Weeks Ended		13 Weeks Ended
		June 29, 2024		July 1, 2023
REVENUES:
RESTAURANT FOOD AND BAR SALES		$	38,048,000	$	35,813,000
PACKAGE STORE SALES			10,292,000		8,791,000
FRANCHISE RELATED REVENUES			428,000		466,000
RENTAL INCOME			278,000		252,000
OTHER OPERATING INCOME			56,000		50,000
TOTAL REVENUES		$	49,102,000	$	45,372,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	1,121,000	$	1,605,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	$0.60	$	$0.86


		39 Weeks Ended		39 Weeks Ended
		June 29, 2024		July 1, 2023
REVENUES:
RESTAURANT FOOD AND BAR SALES		$	108,962,000	$	101,962,000
PACKAGE STORE SALES			31,034,000		26,853,000
FRANCHISE RELATED REVENUES			1,291,000		1,409,000
RENTAL INCOME			844,000		683,000
OTHER OPERATING INCOME			180,000		129,000
TOTAL REVENUES		$	142,311,000	$	131,036,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	3,172,000	$	4,126,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	$1.71	$	$2.22