FLANIGAN'S REPORTS EARNINGS
Rhea-AI Summary
Flanigan's Enterprises (NYSE AMERICAN: BDL), operator of Flanigan's Seafood Bar and Grill restaurants and Big Daddy's retail liquor stores, reported strong financial results for Q2 2025. Total revenues increased 11.5% to $53.6 million for the 13 weeks ended March 29, 2025, compared to $48.1 million in the same period last year.
Restaurant food and bar sales grew 9.9% to $40.8 million, while package store sales jumped 18.8% to $12.1 million. The company's net income rose significantly by 38.5% to $2.69 million, with earnings per share increasing to $1.45 from $1.04 year-over-year. For the 26-week period, total revenues reached $103.9 million, up 11.5%, with net income growing 33.8% to $2.75 million.
Positive
- Total revenues increased 11.5% to $53.6 million in Q2 2025
- Net income grew 38.5% to $2.69 million
- EPS increased 39.4% to $1.45 from $1.04
- Package store sales showed strong growth of 18.8%
- Restaurant food and bar sales up 9.9% to $40.8 million
Negative
- Rental income declined 12.8% to $273,000 from $313,000
- Other revenues decreased 8% to $69,000
News Market Reaction 1 Alert
On the day this news was published, BDL gained 14.41%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
13 Weeks Ended | 13 Weeks Ended | ||||||||
March 29, 2025 | March 30, 2024 | ||||||||
RESTAURANT FOOD AND BAR SALES | $ | 40,780,000 | $ | 37,096,000 | |||||
PACKAGE STORE SALES | 12,051,000 | 10,140,000 | |||||||
FRANCHISE RELATED REVENUES | 459,000 | 445,000 | |||||||
RENTAL INCOME | 273,000 | 313,000 | |||||||
OTHER REVENUES | 69,000 | 75,000 | |||||||
TOTAL REVENUES | $ | 53,632,000 | $ | 48,069,000 | |||||
NET INCOME ATTRIBUTABLE TO | |||||||||
FLANIGAN'S ENTERPRISES, INC. | $ | 2,690,000 | $ | 1,942,000 | |||||
NET INCOME PER COMMON SHARE | |||||||||
BASIC AND DILUTED | $ | 1.45 | $ | 1.04 | |||||
26 Weeks Ended | 26 Weeks Ended | ||||||||
March 29, 2025 | March 30, 2024 | ||||||||
RESTAURANT FOOD AND BAR SALES | $ | 77,868,000 | $ | 70,914,000 | |||||
PACKAGE STORE SALES | 24,486,000 | 20,742,000 | |||||||
FRANCHISE RELATED REVENUES | 890,000 | 863,000 | |||||||
RENTAL INCOME | 540,000 | 566,000 | |||||||
OTHER REVENUES | 110,000 | 124,000 | |||||||
TOTAL REVENUES | $ | 103,894,000 | $ | 93,209,000 | |||||
NET INCOME ATTRIBUTABLE TO | |||||||||
FLANIGAN'S ENTERPRISES, INC. | $ | 2,745,000 | $ | 2,051,000 | |||||
NET INCOME PER COMMON SHARE | |||||||||
BASIC AND DILUTED | $ | 1.48 | $ | 1.10 | |||||
View original content:https://www.prnewswire.com/news-releases/flanigans-reports-earnings-302461078.html
SOURCE FLANIGAN'S ENTERPRISES, INC.