Flanigan's Reports Earnings

Provided By PR Newswire

Last update: Aug 19, 2021

FORT LAUDERDALE, Fla., Aug. 18, 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, today announced results for the 13 weeks and the 39 weeks ended July 3, 2021. The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended June 27, 2020.


		13 Weeks Ended		13 Weeks Ended
REVENUES		July 3, 2021		June 27, 2020

RESTAURANT FOOD AND BAR SALES		$	29,101,000	$	16,144,000
PACKAGE STORE SALES			8,082,000		7,099,000
FRANCHISE RELATED REVENUES			444,000		278,000
RENTAL INCOME			250,000		151,000
OTHER OPERATING INCOME (LOSS)			58,000		(9,000)
TOTAL REVENUES		$	37,935,000	$	23,663,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	7,199,000	$	(455,000)

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	3.87	$	(0.24)


		39 Weeks Ended		39 Weeks Ended
		July 3, 2021		June 27, 2020

RESTAURANT FOOD AND BAR SALES		$	77,611,000	$	64,305,000
PACKAGE STORE SALES			23,923,000		18,833,000
FRANCHISE RELATED REVENUES			1,252,000		945,000
RENTAL INCOME			663,000		554,000
OTHER OPERATING INCOME			223,000		95,000
TOTAL REVENUES		$	103,672,000	$	84,732,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	10,430,000	$	687,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	5.61	$	0.37

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SOURCE FLANIGAN'S ENTERPRISES, INC.