FLANIGAN S ENTERPRISES INC.

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Flanigan's Reports Earnings

PR Newswire

FORT LAUDERDALE, Fla., May 18, 2017

FORT LAUDERDALE, Fla., May 18, 2017 /PRNewswire/ -- 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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-300460438.html

SOURCE Flanigan's Enterprises, Inc.

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