How much did Flanigan's (BDL) earnings per share decrease in 2024?

Flanigan's earnings per share decreased from $2.15 to $1.81, representing a 15.8% decline.

FLANIGAN'S REPORTS EARNINGS

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 52 weeks ended September 28, 2024.

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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 52 weeks ended September 28, 2024. Total revenues increased to $188.3 million from $174.4 million in the previous year. Restaurant food and bar sales grew to $144.8 million from $136.2 million, while package store sales rose to $40.5 million from $35.2 million. However, net income decreased to $3.36 million from $4.0 million, with earnings per share declining to $1.81 from $2.15.

Positive

Total revenue increased 8% to $188.3 million
Restaurant food and bar sales grew 6.3% to $144.8 million
Package store sales increased 15.1% to $40.5 million
Rental income improved 16.2% to $1.1 million

Negative

Net income declined 16.1% to $3.36 million
Earnings per share decreased 15.8% to $1.81
Franchise related revenues dropped 8.8% to $1.69 million

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12/27/2024 - 04:47 PM EST

FORT LAUDERDALE, Fla., Dec. 27, 2024 /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 52 weeks ended September 28, 2024. The table below sets forth the results on a comparative basis with the 52 weeks ended September 30, 2023.


			(in thousands, except per share amounts)

		52 Weeks Ended		52 Weeks Ended
		September 28, 2024		September 30, 2023

RESTAURANT FOOD AND BAR SALES		$	144,805	$	136,238
PACKAGE STORE SALES			40,497		35,187
FRANCHISE RELATED REVENUES			1,693		1,857
RENTAL INCOME			1,105		951
OTHER REVENUES			221		163
TOTAL REVENUES		$	188,321	$	174,396

NET INCOME ATTRIBUTABLE TO
FLANIGAN'S ENTERPRISES, INC.		$	3,356	$	3,999

NET INCOME PER COMMON SHARE
	BASIC AND DILUTED	$	$1.81	$	$2.15

View original content:https://www.prnewswire.com/news-releases/flanigans-reports-earnings-302339820.html

SOURCE FLANIGAN'S ENTERPRISES, INC.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Flanigan's total revenue for the 52 weeks ended September 28, 2024, was $188.321 million.

What was the growth in Flanigan's (BDL) package store sales for 2024?

Package store sales grew by 15.1%, increasing from $35.187 million to $40.497 million.

How did Flanigan's (BDL) restaurant sales perform in fiscal 2024?

Restaurant food and bar sales increased by 6.3%, from $136.238 million to $144.805 million.

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

Flanigan's net income for fiscal year 2024 was $3.356 million, down from $3.999 million in 2023.

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FLANIGAN'S REPORTS EARNINGS