FORT LAUDERDALE, Fla., Jan. 5 /PRNewswire-FirstCall/ -- 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, announced results for the 14 weeks and the 53 weeks ended October 3, 2009. The table below sets forth the results on a comparative basis with the 13 weeks and 52 weeks ended September 27, 2008.
For the 14
weeks For the 13 weeks
ended October ended September
3, 2009 27, 2008
------- --------
REVENUES
--------
RESTAURANT FOOD AND BAR SALES $13,351,000 $12,569,000
PACKAGE STORE SALES 2,844,000 2,644,000
FRANCHISE RELATED REVENUES 284,000 251,000
OWNER'S FEE 41,000 55,000
OTHER OPERATING INCOME 39,000 38,000
------ ------
TOTAL REVENUES $16,559,000 $15,557,000
=========== ===========
NET INCOME $222,000 $66,000
======== =======
NET INCOME PER COMMON SHARE
BASIC $0.12 $0.03
===== =====
DILUTED $0.12 $0.03
===== =====
For the 53
weeks For the 52 weeks
ended October ended September
3, 2009 27, 2008
------- --------
RESTAURANT FOOD AND BAR SALES $52,979,000 $50,400,000
PACKAGE STORE SALES 12,632,000 12,317,000
FRANCHISE RELATED REVENUES 1,126,000 1,066,000
OWNER'S FEE 170,000 238,000
OTHER OPERATING INCOME 153,000 188,000
------- -------
TOTAL REVENUES $67,060,000 $64,209,000
===========
NET INCOME $1,389,000 (1) $1,057,000
========== ==========
NET INCOME PER COMMON SHARE
BASIC EPS $0.74 $0.56
===== =====
DILUTED EPS $0.74 $0.56
===== =====
(1) Includes after tax gain of $106,000 from payment of balance of
claim in liquidation proceedings of former insurance company plus
interest.
SOURCE Flanigan's Enterprises, Inc.
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