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, has released its financial results for the 13 weeks ended December 28, 2024. Total revenues increased to $50.26 million from $45.14 million in the same period last year.

The company's restaurant food and bar sales grew to $37.09 million from $33.82 million, while package store sales rose to $12.44 million from $10.60 million. However, net income attributable to Flanigan's Enterprises declined to $55,000 from $109,000, with earnings per share decreasing to $0.03 from $0.06 compared to the previous year.

Positive

• Total revenues increased 11.3% to $50.26M
• Restaurant food and bar sales grew 9.7% to $37.09M
• Package store sales increased 17.3% to $12.44M

Negative

• Net income declined 49.5% to $55,000
• Earnings per share decreased 50% to $0.03

FORT LAUDERDALE, Fla., Feb. 12, 2025 /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, announced results for the 13 weeks ended December 28, 2024.  The table below sets forth the results on a comparative basis with the 13 weeks ended December 30, 2023.

						(in thousands, except per share amounts)
					13 Weeks Ended			13 Weeks Ended
					December 28, 2024			December 30, 2023
RESTAURANT FOOD AND BAR SALES					$	37,088		$	33,818
PACKAGE STORE SALES						12,435			10,602
FRANCHISE RELATED REVENUES						431			418
RENTAL INCOME						267			253
OTHER REVENUES						41			49
TOTAL REVENUES					$	50,262		$	45,140
NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.					$	55		$	109
NET INCOME PER COMMON SHARE
	BASIC AND DILUTED				$	$0.03		$	$0.06

 

View original content:https://www.prnewswire.com/news-releases/flanigans-reports-earnings-302375000.html

SOURCE FLANIGAN'S ENTERPRISES, INC.

FAQ

What was Flanigan's (BDL) total revenue for Q4 2024?

Flanigan's reported total revenue of $50.26 million for the 13 weeks ended December 28, 2024.

How much did Flanigan's (BDL) restaurant sales increase in Q4 2024?

Flanigan's restaurant food and bar sales increased to $37.09 million from $33.82 million in the same period last year.

What was Flanigan's (BDL) earnings per share for Q4 2024?

Flanigan's reported earnings per share of $0.03 for Q4 2024, down from $0.06 in the same period last year.

How did Flanigan's (BDL) package store sales perform in Q4 2024?

Flanigan's package store sales increased to $12.44 million from $10.60 million in the same period last year.

What was Flanigan's (BDL) net income for Q4 2024?

Flanigan's net income was $55,000 for Q4 2024, down from $109,000 in the same period last year.