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21.08.2020 22:57:00

FLANIGAN'S Reports Earnings

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.

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