Flanigan's Announces Earnings

FORT LAUDERDALE, Fla., May 15, 2013 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE  / AMEX 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  March 30, 2013.  The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended March 31, 2012.

 


For the 13 weeks


For the 13 weeks


ended March 30,


 ended March 31,


2013


2012

REVENUE








RESTAURANT FOOD AND




    BAR SALES                                                 

$ 18,001,000


$ 16,529,000

PACKAGE STORE SALES                                       

3,716,000


3,575,000

FRANCHISE RELATED REVENUES                            

298,000


248,000

RENTAL INCOME                                                        

149,000


179,000

OWNER'S FEE                                                                  

37,000


43,000

OTHER OPERATING INCOME                                        

54,000


44,000





TOTAL REVENUES                                                  

$ 22,255,000


$ 20,618,000





NET INCOME ATTRIBUTABLE




TO FLANIGAN'S ENTERPRISES, INC.

$ 750,000


$ 509,000





NET INCOME PER COMMON SHARE




BASIC AND DILUTED

$ .40


$ .27

                                                                


For the 26 weeks


For the 26 weeks


Ended March 30,


  ended March 31,


2013


2012

RESTAURANT FOOD AND


    BAR SALES                                                   

$      33,520,000


$   31,313,000

PACKAGE STORE SALES                                                

7,266,000


7,357,000

FRANCHISE RELATED REVENUES                                 

610,000


511,000

RENTAL INCOME                                                                

301,000


230,000

OWNER'S FEE                                                                   

75,000


82,000

OTHER OPERATING INCOME                                             

96,000


77,000



    TOTAL REVENUES                                     

$     41,868,000


$ 39,570,000





NET INCOME ATTRIBUTABLE




TO FLANIGAN'S ENTERPRISES, INC.

$ 1,096,000


$ 845,000





NET INCOME PER COMMON SHARE




BASIC AND DILUTED

$ .59


$ .45

 

SOURCE Flanigan's Enterprises, Inc.



RELATED LINKS
http://www.flanigans.net

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