FLANIGAN'S Reports Earnings

Provided By PR Newswire

Last update: Jan 19, 2021

FORT LAUDERDALE, Fla., Jan. 19, 2021 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE AMERICAN: 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, 2020. The table below sets forth the results on a comparative basis with the 13 weeks and 52 weeks ended September 28, 2019.

	For the 14 weeks	For the 13 weeks
	ended Oct. 3,	ended Sept. 28,
	2020	2019
REVENUES

RESTAURANT FOOD AND
BAR SALES	$ 20,347,000	$ 24,076,000
PACKAGE STORE SALES	7,443,000	4,348,000
FRANCHISE RELATED REVENUES	315,000	400,000
RENTAL INCOME	126,000	186,000
OTHER OPERATING INCOME	14,000	50,000

TOTAL REVENUES	$ 28,245,000	$ 29,060,000


NET INCOME ATTRIBUTABLE
TO FLANIGAN'S ENTERPRISES, INC	$ 423,000	$ 916,000


NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$ .22	$ .49





	For the 53 weeks	For the 52 weeks
	ended Oct. 3,	ended Sept. 28,
	2020	2019

RESTAURANT FOOD AND
BAR SALES	$ 84,652,000	$ 94,290,000
PACKAGE STORE SALES	26,276,000	19,327,000
FRANCHISE RELATED REVENUES	1,260,000	1,610,000
RENTAL INCOME	680,000	762,000
OTHER OPERATING INCOME	109,000	213,000

TOTAL REVENUES	$ 112,977,000	$ 116,202,000


NET INCOME ATTRIBUTABLE
TO FLANIGAN'S ENTERPRISES, INC.	$ 1,110,000	$ 3,648,000


NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$ 0.60	$ 1.96

View original content:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-301210971.html

SOURCE FLANIGAN'S ENTERPRISES, INC.