Flanigan's Results

Flanigan's Reports April 2017 Earnings

Flanigan's

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 13 weeks and the 26 weeks ended  April 1, 2017.  

The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended April 2, 2016. 

For the 13 weeks

For the 13 weeks

ended April 1,

ended April 2,

2017

2016

REVENUES

RESTAURANT FOOD AND

          BAR SALES                     

$        22,583,000

$        22,358,000

PACKAGE STORE SALES  

4,191,000

3,994,000

FRANCHISE RELATED REVENUES          

408,000

411,000

RENTAL INCOME                                      

152,000

120,000

OWNER'S FEE                                          

37,000

37,000

OTHER OPERATING INCOME                     

62,000

54,000

TOTAL REVENUES          

$        27,433,000

$        26,974,000

NET  INCOME ATTRIBUTABLE              

TO FLANIGAN'S ENTERPRISES, INC         

$          1,047,000

$             874,000

NET INCOME  PER COMMON SHARE

BASIC AND DILUTED                  

$                   0.56

$                   0.47

For the 26 weeks

For the 26 weeks

ended April 1, 

ended April 2,

2017

2016

RESTAURANT FOOD AND

          BAR SALES  

$        43,868,000

$       42,640,000

PACKAGE STORE SALES 

8,869,000

8,354,000

FRANCHISE RELATED REVENUES 

786,000

803,000

RENTAL INCOME 

311,000

266,000

OWNER'S FEE 

75,000

75,000

OTHER OPERATING INCOME

118,000

114,000

          TOTAL REVENUES 

$        54,027,000

$       52,252,000

NET INCOME ATTRIBUTABLE   

TO FLANIGAN'S ENTERPRISES, INC.

$          1,712,000

$         1,498,000

NET INCOME PER COMMON SHARE

BASIC AND DILUTED  

$                   0.92

$                  0.81

 



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