See more news releases in Beers, Wines and Spirits | Restaurants | Retail | Earnings

FLANIGAN'S Reports 3rd Quarter Earnings

FORT LAUDERDALE, Fla., Aug. 15, 2012 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE Alternext US: 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 39 weeks ended June 30, 2012. The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended July 2, 2011.

	For the 13 weeks	For the 13 weeks
	ended June 30,	ended July 2,
	2012	2011
REVENUES

RESTAURANT FOOD AND BAR SALES	$ 15,871,000	$ 14,670,000
PACKAGE STORE SALES	3,050,000	3,117,000
FRANCHISE RELATED REVENUES	245,000	233,000
RENTAL INCOME	140,000	--
OWNER'S FEE	38,000	39,000
OTHER OPERATING INCOME	38,000	61,000
TOTAL REVENUES	$ 19,382,000	$ 18,120,000

NET INCOME ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC.	$ 236,000	$ 345,000

NET INCOME PER COMMON SHARE BASIC AND DILUTED	$ 0.13	$ 0.19


	For the 39 weeks	For the 39 weeks
	ended June	ended July
	30, 2012	2, 2011

RESTAURANT FOOD AND BAR SALES	$ 47,184,000	$ 43,732,000
PACKAGE STORE SALES	10,407,000	10,321,000
FRANCHISE RELATED REVENUES	756,000	736,000
RENTAL INCOME	333,000	--
OWNER'S FEE	120,000	123,000
OTHER OPERATING INCOME	115,000	160,000
TOTAL REVENUES	$ 58,915,000	$ 55,072,000

NET INCOME ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC.	$ 1,081,000	$ 1,430,000(1)

NET INCOME PER COMMON SHARE BASIC AND DILUTED	$ 0.58	$ 0.77

(1) Includes after tax gain of $162,000 from sale of guaranteed leasehold interest.