Flanigan's Reports 3rd Quarter Earnings

FORT LAUDERDALE, Fla., Aug. 14, 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, today announced results for the 13 weeks and the 39 weeks ended June 29, 2013.  The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended June 30, 2012. 



For the 13 weeks


For the 13 weeks



ended June 29,


ended June 30,



2013


2012

REVENUES










RESTAURANT FOOD AND





     BAR SALES


$  17,367,000


$ 15,871,000

PACKAGE STORE SALES


3,066,000


3,050,000

FRANCHISE RELATED REVENUES


341,000


245,000

RENTAL INCOME


144,000


140,000

OWNER'S FEE


38,000


38,000

OTHER OPERATING INCOME


56,000


38,000






TOTAL REVENUES


$ 21,012,000


$  19,382,000






NET INCOME ATTRIBUTABLE TO





FLANIGAN'S ENTERPRISES, INC.


$      660,000


$      236,000






NET INCOME PER COMMON SHARE





     BASIC AND DILUTED


$             0.35


$            0.13

 




For the 39 weeks


For the 39 weeks



ended June


ended June



29, 2013


30, 2012

RESTAURANT FOOD AND





     BAR SALES


$  50,887,000


$  47,184,000

PACKAGE STORE SALES


10,332,000


10,407,000

FRANCHISE RELATED REVENUES


951,000


756,000

RENTAL INCOME


445,000


333,000

OWNER'S FEE


113,000


120,000

OTHER OPERATING INCOME


152,000


115,000






TOTAL REVENUES


$  62,880,000


$ 58,915,000






NET INCOME ATTRIBUTABLE TO





FLANIGAN'S ENTERPRISES, INC


$ 1,756,000


$ 1,081,000






NET INCOME PER COMMON SHARE





     BASIC AND DILUTED


$             0.94


$           0.58

SOURCE Flanigan's Enterprises, Inc.



RELATED LINKS
http://www.flanigans.net

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