Flanigan's Announces Earnings
FORT LAUDERDALE, Fla., Feb. 17 /PRNewswire-FirstCall/ -- FLANIGAN'S ENTERPRISES, INC., (AMEX: 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 ended January 2, 2010. The table below sets forth the results on a comparative basis with the 13 weeks ended December 27, 2008.
For the 13 For the 13 weeks ended weeks ended January 2, 2010 December 27, 2008 REVENUES -------- RESTAURANT FOOD AND BAR SALES $13,213,000 $12,573,000 PACKAGE STORE SALES 3,593,000 3,348,000 FRANCHISE RELATED REVENUES 281,000 262,000 OWNER'S FEE 53,000 44,000 OTHER OPERATING INCOME 24,000 26,000 ------ ------ TOTAL REVENUES $17,164,000 $16,253,000 =========== =========== NET INCOME ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC. $288,000 $172,000(1) ======== ========== NET INCOME PER COMMON SHARE BASIC $0.15 $0.09 ===== ===== DILUTED $0.15 $0.09 ===== ===== (1) Includes after tax gain of $106,000 from payment of balance of claim in liquidation proceedings of former insurance company plus interest.SOURCE Flanigan's Enterprises, Inc.
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