FLANIGAN'S ENTERPRISES, INC., 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, 2008.
For the 13 weeks For the 13 weeks
ended March 29, ended March 31,
2008 2007
REVENUES ---------------- ----------------
--------
RESTAURANT FOOD AND
BEVERAGE REVENUES $13,266,000 $12,378,000
PACKAGE STORE REVENUES 3,400,000 3,531,000
FRANCHISE REVENUES 211,000 308,000
OWNER'S FEE 49,000 40,000
OTHER OPERATING REVENUE 57,000 47,000
---------------- ----------------
TOTAL REVENUES $16,983,000 $16,304,000
================ ================
NET INCOME $470,000 $332,000
================ ================
NET INCOME PER COMMON SHARE
Basic EPS $.25 $.18
================ ================
Diluted EPS $.25 $.17
================ ================
For the 26 weeks For the 26 weeks
ended March 29, ended March 31,
2008 2007
---------------- ----------------
RESTAURANT FOOD AND
BEVERAGE REVENUES $25,303,000 $23,495,000
PACKAGE STORE REVENUES 6,831,000 7,013,000
FRANCHISE REVENUES 542,000 608,000
OWNER'S FEE 115,000 80,000
OTHER OPERATING INCOME 96,000 93,000
---------------- ----------------
TOTAL REVENUES $32,887,000 $31,289,000
================ ================
NET INCOME $655,000 $656,000
================ ================
NET INCOME PER COMMON SHARE
Basic EPS $.35 $.35
================ ================
Diluted EPS $.34 $.34
================ ================