Welcome!

.NET Authors: Liz McMillan, Michael Bushong, Tad Anderson, Ivan Antsipau, Pat Romanski

News Feed Item

Flanigan's Announces Earnings

FORT LAUDERDALE, Fla., Dec. 31, 2012 /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 52 weeks ended September 29, 2012.  The table below sets forth the results on a comparative basis with the 13 weeks and 52 weeks ended October 1, 2011. 

 


For the 13 weeks


For the 13 weeks


ended September


ended October


29, 2012


1, 2011

REVENUES








RESTAURANT FOOD AND




    BAR SALES

$ 15,014,000


$  14,033,000

PACKAGE STORE SALES

2,807,000


2,820,000

FRANCHISE RELATED REVENUES 

377,000


287,000

OWNER'S FEE

37,000


38,000

OTHER OPERATING INCOME

43,000


59,000

RENTAL INCOME

105,000


--

 

TOTAL REVENUES 

$  18,383,000


$ 17,237,000

 

NET  INCOME ATTRIBUTABLE TO




FLANIGAN'S ENTERPRISES, INC.

$       332,000


$       19,000

 

NET INCOME  PER COMMON SHARE




    BASIC AND DILUTED     

$             0.18


$           0.01










For the 52 weeks


For the 52 weeks


ended September


ended October


29, 2012


1, 2011

RESTAURANT FOOD




     AND BAR SALES

$ 62,198,000


$ 57,765,000

PACKAGE STORE SALES        

13,214,000


13,141,000

FRANCHISE RELATED REVENUES 

1,133,000


1,023,000

OWNER'S FEE

157,000


161,000

OTHER OPERATING INCOME  

158,000


219,000

RENTAL INCOME    

475,000


--

 

     TOTAL REVENUES      

$  77,335,000


$    72,309,000





NET INCOME ATTRIBUTABLE TO 
 FLANIGAN'S ENTERPRISES, INC. 

$    1,413,000


$  1,449,000(1)









NET INCOME PER COMMON SHARE




     BASIC AND DILUTED       

$             0.76


$               0.78





(1)  Includes after tax gain of $162,000 from sale of guaranteed leasehold interest.

 

SOURCE Flanigan's Enterprises, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.