Flanigan's Reports 3rd Quarter Earnings
- 27
PR Newswire
FORT LAUDERDALE, Fla., Aug. 16, 2017
FORT LAUDERDALE, Fla., Aug. 16, 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, today announced results for the 13 weeks and the 39 weeks ended July 1, 2017. The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended July 2, 2016.
|
For the 13 weeks |
For the 13 weeks | |
|
ended July 1, |
ended July 2, | |
|
2017 |
2016 | |
|
REVENUES |
||
|
RESTAURANT FOOD AND |
||
|
BAR SALES |
$ 22,218,000 |
$ 21,949,000 |
|
PACKAGE STORE SALES |
4,067,000 |
3,801,000 |
|
FRANCHISE RELATED REVENUES |
422,000 |
369,000 |
|
RENTAL INCOME |
151,000 |
162,000 |
|
OWNER'S FEE |
38,000 |
38,000 |
|
OTHER OPERATING INCOME |
71,000 |
64,000 |
|
TOTAL REVENUES |
$ 26,967,000 |
$ 26,383,000 |
|
NET INCOME ATTRIBUTABLE TO |
||
|
FLANIGAN'S ENTERPRISES, INC. |
$ 842,000 |
$ 1,147,000 |
|
NET INCOME PER COMMON SHARE |
||
|
BASIC AND DILUTED |
$ 0.45 |
$ 0.62 |
|
For the 39 weeks |
For the 39 weeks | |
|
ended July |
ended July | |
|
1 , 2017 |
2, 2016 | |
|
RESTAURANT FOOD AND |
||
|
BAR SALES |
$ 66,086,000 |
$ 64,589,000 |
|
PACKAGE STORE SALES |
12,936,000 |
12,155,000 |
|
FRANCHISE RELATED REVENUES |
1,208,000 |
1,172,000 |
|
RENTAL INCOME |
462,000 |
428,000 |
|
OWNER'S FEE |
113,000 |
113,000 |
|
OTHER OPERATING INCOME |
189,000 |
178,000 |
|
TOTAL REVENUES |
$ 80,994,000 |
$ 78,635,000 |
|
NET INCOME ATTRIBUTABLE TO |
||
|
FLANIGAN'S ENTERPRISES, INC |
$ 2,554,000 |
$ 2,645,000 |
|
NET INCOME PER COMMON SHARE |
||
|
BASIC AND DILUTED |
$ 1.37 |
$ 1.42 |
View original content:http://www.prnewswire.com/news-releases/flanigans-reports-3rd-quarter-earnings-300505606.html
SOURCE Flanigan's Enterprises, Inc.
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