Enhanced Investments - Financial Portal

FLANIGAN'S REPORTS EARNINGS

Published: 2023-03-16 20:47:00 ET

FORT LAUDERDALE, Fla., March 16, 2023 /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 ended December 31, 2022. The table below sets forth the results on a comparative basis with the 13 weeks ended January 1, 2022.

		13 Weeks Ended		13 Weeks Ended
REVENUES		December 31, 2022		January 1, 2022

RESTAURANT FOOD AND BAR SALES		$	31,755,000	$	28,212,000
PACKAGE STORE SALES			9,403,000		8,511,000
FRANCHISE RELATED REVENUES			459,000		446,000
RENTAL INCOME			213,000		199,000
OTHER OPERATING INCOME (LOSS)			31,000		35,000
TOTAL REVENUES		$	41,861,000	$	37,403,000

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	624,000	$	1,564,000

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	0.34	$	0.84

View original content:https://www.prnewswire.com/news-releases/flanigans-reports-earnings-301774595.html

SOURCE FLANIGAN'S ENTERPRISES, INC.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.