Flanigan's Reports Earnings

Dec 28, 2015, 23:30 ET from Flanigan's Enterprises, Inc.

FORT LAUDERDALE, Fla., Dec. 28, 2015 /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, announced results for the 14 weeks and the 53 weeks ended October 3, 2015.  The table below sets forth the results on a comparative basis with the 13 weeks and 52 weeks ended September 27, 2014.

 


For the 14 weeks    


For the 13 weeks


ended October 3,   


ended September 27,


2015


2014

REVENUES








RESTAURANT FOOD AND




     BAR SALES                                 

$     20,992,000


$     18,148,000

PACKAGE STORE SALES                         

3,494,000


3,065,000

FRANCHISE RELATED REVENUES           

395,000


310,000

RENTAL INCOME                                        

136,000


153,000

OWNER'S FEE                                           

38,000


25,000

OTHER OPERATING INCOME                       

56,000


38,000





TOTAL REVENUES                                       

$     25,111,000


$     21,739,000





NET INCOME ATTRIBUTABLE             




TO FLANIGAN'S ENTERPRISES, INC.            

$          788,000


$          463,000





NET INCOME PER COMMON SHARE




BASIC AND DILUTED                                        

.43


$                  .25














For the 53 weeks  


For the 52 weeks


ended October 3,


ended September 27,


2015


2014





RESTAURANT FOOD AND




     BAR SALES                                  

$     81,502,000


$     73,845,000

PACKAGE STORE SALES                    

15,166,000


13,806,000

FRANCHISE RELATED REVENUES         

1,537,000


1,261,000

RENTAL INCOME                                         

541,000


547,000

OWNER'S FEE                                            

163,000


138,000

OTHER OPERATING INCOME                       

212,000


205,000





     TOTAL REVENUES                               

$    99,121,000


$     89,802,000





NET INCOME ATTRIBUTABLE                                      




TO FLANIGAN'S ENTERPRISES, INC.       

$     3,461,000


$       2,765,000









NET INCOME PER COMMON SHARE




BASIC AND DILUTED                                   

$               1.86


$               1.49

 

SOURCE Flanigan's Enterprises, Inc.



RELATED LINKS

http://www.flanigans.net