Flanigan's Announces Earnings

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SOURCE Flanigan's Enterprises, Inc.

FORT LAUDERDALE, Fla., May 15, 2013 /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, announced results for the 13 weeks and the 26 weeks ended March 30, 2013. The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended March 31, 2012.

	For the 13 weeks	For the 13 weeks
	ended March 30,	ended March 31,
	2013	2012
REVENUE

RESTAURANT FOOD AND
BAR SALES	$ 18,001,000	$ 16,529,000
PACKAGE STORE SALES	3,716,000	3,575,000
FRANCHISE RELATED REVENUES	298,000	248,000
RENTAL INCOME	149,000	179,000
OWNER'S FEE	37,000	43,000
OTHER OPERATING INCOME	54,000	44,000

TOTAL REVENUES	$ 22,255,000	$ 20,618,000

NET INCOME ATTRIBUTABLE
TO FLANIGAN'S ENTERPRISES, INC.	$ 750,000	$ 509,000

NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$ .40	$ .27

	For the 26 weeks	For the 26 weeks
	Ended March 30,	ended March 31,
	2013	2012
RESTAURANT FOOD AND
BAR SALES	$ 33,520,000	$ 31,313,000
PACKAGE STORE SALES	7,266,000	7,357,000
FRANCHISE RELATED REVENUES	610,000	511,000
RENTAL INCOME	301,000	230,000
OWNER'S FEE	75,000	82,000
OTHER OPERATING INCOME	96,000	77,000

TOTAL REVENUES	$ 41,868,000	$ 39,570,000

NET INCOME ATTRIBUTABLE
TO FLANIGAN'S ENTERPRISES, INC.	$ 1,096,000	$ 845,000

NET INCOME PER COMMON SHARE
BASIC AND DILUTED	$ .59	$ .45

Flanigan's Announces Earnings - WICU12/WSEE Erie, PA News, Sports, Weather and Events

Flanigan's Announces Earnings