Flanigan's Announces Earnings

FORT LAUDERDALE, Fla., May 14, 2014 /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 29, 2014.  The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended March 30, 2013.

 

 


For the 13 weeks


 For the 13 weeks


 ended March 29,


 ended March 30,


2014


2013

REVENUES








RESTAURANT FOOD AND BAR SALES

$ 19,428,000


$ 18,001,000

PACKAGE STORE SALES          

3,801,000


3,716,000

FRANCHISE RELATED REVENUES

320,000


298,000

RENTAL INCOME         

124,000


149,000

OWNER'S FEE                         

37,000


37,000

OTHER OPERATING INCOME

61,000


54,000





          TOTAL REVENUES                     

$ 23,771,000


$ 22,255,000





NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.     

$ 907,000


$ 750,000





NET INCOME PER COMMON SHARE
BASIC AND DILUTED

$ .49


$ .40

                                                            


 For the 26 weeks


 For the 26 weeks


 ended March 29,


 ended March 30,


2014


2013









RESTAURANT FOOD AND BAR SALES

$ 36,735,000


$ 33,520,000

PACKAGE STORE SALES

7,462,000


7,266,000

FRANCHISE RELATED REVENUES 

613,000


610,000

RENTAL INCOME       

254,000


301,000

OWNER'S FEE                  

75,000


75,000

OTHER OPERATING INCOME    

107,000


96,000





          TOTAL REVENUES

$ 45,246,000


$ 41,868,000





NET INCOME ATTRIBUTABLE
TO FLANIGAN'S ENTERPRISES, INC.

$ 1,445,000


$ 1,096,000





NET INCOME PER COMMON SHARE
BASIC  AND DILUTED         

$ .78


$ .59

 

 

SOURCE Flanigan's Enterprises, Inc.



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