Flanigan's Reports 3rd Quarter Earnings
FORT LAUDERDALE, Fla., Aug. 17, 2016 /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 2, 2016. The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended June 27, 2015.
For the 13 weeks | For the 13 weeks | ||
ended July 2, | ended June 27, | ||
2016 | 2015 | ||
REVENUES | |||
RESTAURANT FOOD AND BAR SALES | $ 21,949,000 | $ 20,631,000 | |
PACKAGE STORE SALES | 3,801,000 | 3,548,000 | |
FRANCHISE RELATED REVENUES | 369,000 | 393,000 | |
RENTAL INCOME | 162,000 | 138,000 | |
OWNER'S FEE | 38,000 | 37,000 | |
OTHER OPERATING INCOME | 64,000 | 49,000 | |
TOTAL REVENUES | $ 26,383,000 | $ 24,796,000 | |
NET INCOME ATTRIBUTABLE TO | $ 1,147,000 | $ 842,000 | |
NET INCOME PER COMMON SHARE | $ 0.62 | $ 0.45 |
For the 39 weeks | For the 39 weeks | ||
ended July 2, | ended June 27, | ||
2016 | 2015 | ||
RESTAURANT FOOD AND BAR SALES | $ 64,589,000 | $ 60,510,000 | |
PACKAGE STORE SALES | 12,155,000 | 11,672,000 | |
FRANCHISE RELATED REVENUES | 1,172,000 | 1,142,000 | |
RENTAL INCOME | 428,000 | 405,000 | |
OWNER'S FEE | 113,000 | 125,000 | |
OTHER OPERATING INCOME | 178,000 | 156,000 | |
TOTAL REVENUES | $ 78,635,000 | $ 74,010,000 | |
NET INCOME ATTRIBUTABLE TO | $ 2,645,000 | $ 2,673,000 | |
NET INCOME PER COMMON SHARE | $ 1.42 | $ 1.44 |
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SOURCE Flanigan's Enterprises, Inc.
