Flanigan's Announces Earnings for 26 Weeks Ended March 29, 2014

 

 

FLANIGAN'S ENTERPRISES, INC. (NYSE / AMEX US: BDL), owners and operators of the Flanigan's Seafood Bar and Grillrestaurants and Big Daddy's retail liquor stores, announced results for the 13 weeks and the 26 weeks ended March 29, 2014.

Flanigan's

FLANIGAN'S ENTERPRISES, INC. (NYSE / AMEX US: BDL), owners and operators of the Flanigan's Seafood Bar and Grillrestaurants and Big Daddy's retail liquor stores, announced results for the 13 weeks and the 26 weeks ended March 29, 2014.  

The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended March 30, 2013.

For the 13 weeks

 For the 13 weeks

 ended March 29,

 ended March 30,

2014

2013

REVENUES

RESTAURANT FOOD AND BAR SALES

$ 19,428,000

$ 18,001,000

PACKAGE STORE SALES          

3,801,000

3,716,000

FRANCHISE RELATED REVENUES

320,000

298,000

RENTAL INCOME         

124,000

149,000

OWNER'S FEE                         

37,000

37,000

OTHER OPERATING INCOME

61,000

54,000

          TOTAL REVENUES                     

$ 23,771,000

$ 22,255,000

NET INCOME ATTRIBUTABLE TO 

FLANIGAN'S ENTERPRISES, INC.     

$ 907,000

$ 750,000

NET INCOME PER COMMON SHARE 

BASIC AND DILUTED

$ .49

$ .40

 

 For the 26 weeks

 For the 26 weeks

 ended March 29,

 ended March 30,

2014

2013

RESTAURANT FOOD AND BAR SALES

$ 36,735,000

$ 33,520,000

PACKAGE STORE SALES

7,462,000

7,266,000

FRANCHISE RELATED REVENUES 

613,000

610,000

RENTAL INCOME       

254,000

301,000

OWNER'S FEE                  

75,000

75,000

OTHER OPERATING INCOME    

107,000

96,000

          TOTAL REVENUES

$ 45,246,000

$ 41,868,000

NET INCOME ATTRIBUTABLE 

TO FLANIGAN'S ENTERPRISES, INC.

$ 1,445,000

$ 1,096,000

NET INCOME PER COMMON SHARE 

BASIC  AND DILUTED         

$ .78

$ .59



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