FORT LAUDERDALE, Fla., Jan. 20 /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, announced results for the 13 weeks and the 52 weeks ended October 1, 2005. The table below sets forth the results on a comparative basis with the 14 weeks and 53 weeks ended October 2, 2004. On January 13, 2006 the Board of Directors declared a cash dividend of 35 cents per share to shareholders of record on January 31, 2006, payable on February 15, 2006.
For the 13 weeks For the 14 weeks
ended October ended October
1, 2005 2, 2004 REVENUES RESTAURANT FOOD AND
BEVERAGE REVENUES $ 9,402,000 $ 8,761,000 PACKAGE GOODS REVENUES 2,683,000 2,654,000
FRANCHISE REVENUES 230,000 114,000
OWNER'S FEE 63,000 136,000
OTHER OPERATING REVENUE 38,000 5,000 TOTAL REVENUES $12,416,000 $11,670,000 NET PROFIT (LOSS) $ 41,000(3) $ (46,000)(1) NET INCOME (LOSS PER
COMMON SHARE Basic EPS $ 0.02 $ (.02) Diluted EPS $ 0.02 $ (.02)
For the 52 weeks For the 53 weeks
ended October Ended October
1, 2005 2, 2004 RESTAURANT FOOD AND
BEVERAGE REVENUES $ 35,829,000 $ 33,698,000 PACKAGE GOODS REVENUES 11,810,000 10,911,000
FRANCHISE REVENUES 984,000 958,000
OWNERS FEE 261,000 265,000
OTHER OPERATING INCOME 148,000 101,000 TOTAL REVENUES $ 49,032,000 $ 45,933,000 NET PROFIT $ 1,107,000(3) $ 440,000(1)(2) NET INCOME PER
COMMON SHARE Basic EPS $ 0.58 $ .23 Diluted EPS $ 0.58 $ .23 (1) Includes a $367,000 charge due to abandonment of fixed assets. (2) Includes $393,000 in charges due to adjustments. (3) Includes a $121,000 charge due to abandonment of fixed assets and
$100,000 adjustment of estimated to actual income taxes. First Call Analyst: FCMN Contact: clarek@bellsouth.net DATASOURCE: Flanigan's Enterprises, Inc.
CONTACT: James G. Flanigan, Chairman of the Board, Flanigan's Enterprises, +1-954-377-1961 Web site: http://www.flanigans.net/
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