Flanigan's Reports Earnings
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FORT LAUDERDALE, Fla., May 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, announced results for the 13 weeks and the 26 weeks ended April 2, 2016. The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended March 28, 2015.
|
For the 13 weeks |
For the 13 weeks | |||||||
|
ended April 2, |
ended March 28, | |||||||
|
2016 |
2015 | |||||||
|
REVENUES |
||||||||
|
RESTAURANT FOOD AND |
||||||||
|
BAR SALES |
$ |
22,358,000 |
$ |
21,101,000 | ||||
|
PACKAGE STORE SALES |
3,994,000 |
4,133,000 | ||||||
|
FRANCHISE RELATED REVENUES |
411,000 |
426,000 | ||||||
|
RENTAL INCOME |
120,000 |
127,000 | ||||||
|
OWNER'S FEE |
37,000 |
50,000 | ||||||
|
OTHER OPERATING INCOME |
54,000 |
57,000 | ||||||
|
TOTAL REVENUES |
$ |
26,974,000 |
$ |
25,894,000 | ||||
|
NET INCOME ATTRIBUTABLE |
||||||||
|
TO FLANIGAN'S ENTERPRISES, INC. |
$ |
874,000 |
$ |
1,124,000 | ||||
|
NET INCOME PER COMMON SHARE |
||||||||
|
BASIC AND DILUTED |
$ |
0.47 |
$ |
0.60 | ||||
|
For the 26 weeks |
For the 26 weeks | ||||||
|
ended April 28, |
ended March 28, | ||||||
|
2016 |
2015 | ||||||
|
RESTAURANT FOOD AND |
|||||||
|
BAR SALES |
$ |
42,640,000 |
$ |
39,879,000 | |||
|
PACKAGE STORE SALES |
8,354,000 |
8,124,000 | |||||
|
FRANCHISE RELATED REVENUES |
803,000 |
749,000 | |||||
|
RENTAL INCOME |
266,000 |
267,000 | |||||
|
OWNER'S FEE |
75,000 |
88,000 | |||||
|
OTHER OPERATING INCOME |
114,000 |
107,000 | |||||
|
TOTAL REVENUES |
$ |
52,252,000 |
$ |
49,214,000 | |||
|
NET INCOME ATTRIBUTABLE |
|||||||
|
TO FLANIGAN'S ENTERPRISES, INC. |
$ |
1,498,000 |
$ |
1,831,000 | |||
|
NET INCOME PER COMMON SHARE |
|||||||
|
BASIC AND DILUTED |
$ |
0.81 |
$ |
0.99 | |||
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/flanigans-reports-earnings-300270521.html
SOURCE Flanigan's Enterprises, Inc.
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