Flanigan's Announces Earnings
FORT LAUDERDALE, Fla., May 18 /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 26 weeks ended April 2, 2005. The table below
sets forth the results on a comparative basis with the 13 weeks and 26 weeks
ended March 27, 2004.
For the 13 weeks For the 13 weeks
ended April 2, ended March 27,
2005 2004
REVENUES RESTAURANT FOOD AND
BEVERAGE REVENUES $9,059,000 $9,009,000 PACKAGE GOODS REVENUES 3,073,000 2,957,000
FRANCHISE REVENUES 200,000 295,000
OWNER'S FEE 37,000 38,000
OTHER OPERATING REVENUE 80,000 2,000
----------- -----------
TOTAL REVENUES $12,449,000 $12,301,000
=========== =========== NET PROFIT (LOSS) $327,000 $252,000
=========== ===========
NET INCOME (LOSS) PER COMMON SHARE Basic EPS $.17 $.13
=========== ===========
Diluted EPS $.17 $.13
=========== ===========
For the 26 weeks For the 26 weeks
ended April 2, ended March 27,
2005 2004
RESTAURANT FOOD AND
BEVERAGE REVENUES $17,236,000 $16,421,000 PACKAGE GOODS REVENUES 6,409,000 5,758,000
FRANCHISE REVENUES 450,000 614,000
OWNER'S FEE 75,000 92,000
OTHER OPERATING INCOME 104,000 43,000
------------ -----------
TOTAL REVENUES $24,274,000 $22,928,000
============ =========== NET PROFIT $567,000 $483,000 NET INCOME PER COMMON SHARE Basic EPS $.30 $.25
============ ===========
Diluted EPS $.29 $.25
============ ===========
DATASOURCE: Flanigan's Enterprises, Inc.
CONTACT: James G. Flanigan, Chairman of the Board, Flanigan's Enterprises, Inc., +1-954-377-1961 Web site: http://www.flanigans.net/
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