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Flanigan's Reports 3rd Quarter Earnings

FORT LAUDERDALE, Fla., Aug. 13, 2014 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE / AMEX 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 June 28, 2014.  The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended June 29, 2013. 

 



For the 13 weeks     


For the 13 weeks



ended June 28,


ended June 29,



2014


2013






REVENUES










RESTAURANT FOOD AND BAR SALES


$ 18,962,000


$ 17,367,000

PACKAGE STORE SALES


3,279,000


3,066,000

FRANCHISE RELATED REVENUES


338,000


341,000

RENTAL INCOME


140,000


144,000

OWNER'S FEE


38,000


38,000

OTHER OPERATING INCOME


60,000


56,000






TOTAL REVENUES


$ 22,817,000


$ 21,012,000






NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.


$ 857,000


$ 660,000






NET INCOME PER COMMON SHARE
BASIC AND DILUTED


$ 0.46


$ 0.35


















For the 39 weeks


For the 39 weeks



ended June 28,


ended June 29,



2014


2013






RESTAURANT FOOD AND BAR SALES


$ 55,697,000


$ 50,887,000

PACKAGE STORE SALES


10,741,000


10,332,000

FRANCHISE RELATED REVENUES


951,000


951,000

RENTAL INCOME


394,000


445,000

OWNER'S FEE


113,000


113,000

OTHER OPERATING INCOME


167,000


152,000






TOTAL REVENUES


$ 68,063,000


$ 62,880,000






NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.


$ 2,302,000


$ 1,756,000






NET INCOME PER COMMON SHARE
BASIC AND DILUTED


$ 1.24


$ 0.94

 

SOURCE Flanigan's Enterprises, Inc.

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