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 liquor stores, reported strong financial results for Q3 2025. The company achieved total revenues of $52.16 million for the 13-week period ended June 28, 2025, up from $49.10 million in the same period last year.
Restaurant sales reached $39.86 million, while package store sales hit $11.52 million. Net income grew significantly to $1.39 million ($0.75 per share), compared to $1.12 million ($0.60 per share) in Q3 2024. For the 39-week period, total revenues increased to $156.06 million with net income of $4.14 million ($2.23 per share), showing substantial growth from the previous year.
Positive
- Total revenues increased 6.2% to $52.16 million in Q3 2025
- Net income grew 24.2% to $1.39 million in Q3 2025
- Earnings per share increased 25% to $0.75 in Q3 2025
- Package store sales grew 11.9% to $11.52 million
- 39-week net income rose 30.4% to $4.14 million
Negative
- Rental income declined 2.9% to $270,000 in Q3 2025
13 Weeks Ended | 13 Weeks Ended | ||||||||
June 28, 2025 | June 29, 2024 | ||||||||
RESTAURANT FOOD AND BAR SALES | $ | 39,864,000 | $ | 38,048,000 | |||||
PACKAGE STORE SALES | 11,522,000 | 10,292,000 | |||||||
FRANCHISE RELATED REVENUES | 442,000 | 428,000 | |||||||
RENTAL INCOME | 270,000 | 278,000 | |||||||
OTHER REVENUES | 66,000 | 56,000 | |||||||
TOTAL REVENUES | $ | 52,164,000 | $ | 49,102,000 | |||||
NET INCOME ATTRIBUTABLE TO | |||||||||
FLANIGAN'S ENTERPRISES, INC. | $ | 1,392,000 | $ | 1,121,000 | |||||
NET INCOME PER COMMON SHARE | |||||||||
BASIC AND DILUTED | $ | 0.75 | $ | 0.60 | |||||
39 Weeks Ended | 39 Weeks Ended | ||||||||
June 28, 2025 | June 29, 2024 | ||||||||
RESTAURANT FOOD AND BAR SALES | $ | 117,732,000 | $ | 108,962,000 | |||||
PACKAGE STORE SALES | 36,008,000 | 31,034,000 | |||||||
FRANCHISE RELATED REVENUES | 1,332,000 | 1,291,000 | |||||||
RENTAL INCOME | 810,000 | 844,000 | |||||||
OTHER REVENUES | 176,000 | 180,000 | |||||||
TOTAL REVENUES | $ | 156,058,000 | $ | 142,311,000 | |||||
NET INCOME ATTRIBUTABLE TO | |||||||||
FLANIGAN'S ENTERPRISES, INC. | $ | 4,137,000 | $ | 3,172,000 | |||||
NET INCOME PER COMMON SHARE | |||||||||
BASIC AND DILUTED | $ | 2.23 | $ | 1.71 | |||||
View original content:https://www.prnewswire.com/news-releases/flanigans-reports-earnings-302529412.html
SOURCE FLANIGAN'S ENTERPRISES, INC.