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FLANIGAN'S Reports Earnings

Published: 2020-08-21 20:57:00 ET
<<<  go to BDL company page

FORT LAUDERDALE, Fla., Aug. 21, 2020 /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 June 27, 2020.  The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended June 29, 2019

For the 13 weeks

For the 13 weeks

ended June 27,

ended June 29,

2020

2019

REVENUES

RESTAURANT FOOD AND BAR SALES

$  16,144,000

$ 24,099,000

PACKAGE STORE SALES

7,099,000

4,752,000

FRANCHISE RELATED REVENUES

278,000

414,000

RENTAL INCOME

151,000

186,000

OTHER OPERATING INCOME (LOSS)

(9)

61,000

TOTAL REVENUES

$ 23,663,000

$  29,512,000

NET INCOME (LOSS) ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC.

$      (455,000)

$       968,000

NET INCOME (LOSS) PER COMMON SHARE BASIC AND DILUTED

$            (0.24)

$               0.52

 

For the 39 weeks

For the 39 weeks

ended June

ended June

27, 2020

29, 2019

RESTAURANT FOOD AND BAR SALES

$  64,305,000

$  70,214,000

PACKAGE STORE SALES

18,833,000

14,979,000

FRANCHISE RELATED REVENUES

945,000

1,210,000

RENTAL INCOME

554,000

576,000

OTHER OPERATING INCOME

95,000

163,000

TOTAL REVENUES

$  84,732,000

$ 87,142,000

NET INCOME ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC

$       687,000

$   2,732,000

NET INCOME PER COMMON SHAREBASIC AND DILUTED

$             0.37

$           1.47

 

Cision View original content:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-301116545.html

SOURCE FLANIGAN'S ENTERPRISES, INC.