Flanigan's Announces Earnings

Date : 05/17/2006 @ 9:40AM
Source : PR Newswire
Stock : Flanigans Enterprise (BDL)
Quote : 6.15  0.0 (0.00%) @ 4:31AM
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Flanigan's Announces Earnings

FORT LAUDERDALE, Fla., May 17 /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 1, 2006. The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended April 2, 2005.

For the 13 weeks For the 13 weeks ended April 1, ended April 2, 2006 2005

REVENUES

RESTAURANT FOOD AND BEVERAGE REVENUES $ 10,635,000 $9,059,000

PACKAGE GOODS REVENUES 3,439,000 3,073,000 FRANCHISE REVENUES 285,000 200,000 OWNER'S FEE 38,000 37,000 OTHER OPERATING REVENUE 80,000 80,000 --------------- --------------- TOTAL REVENUES $ 14,477,000 $ 12,449,000 =========== ==========

NET PROFIT (LOSS) $582,000 $327,000 =========== ========== NET INCOME (LOSS) PER COMMON SHARE Basic EPS $.31 $.17 =========== ========== Diluted EPS $ .30 $.17 =========== ==========

For the 26 weeks For the 26 weeks ended April 1, ended April 2, 2006 2005 RESTAURANT FOOD AND BEVERAGE REVENUES $19,761,000 $17,236,000

PACKAGE GOODS REVENUES 7,192,000 6,409,000 FRANCHISE REVENUES 546,000 450,000 OWNER'S FEE 75,000 75,000 OTHER OPERATING INCOME 151,000 104,000 -------------- --------------- TOTAL REVENUES $27,725,000 $24,274,000

=========== =========== NET PROFIT $944,000 $567,000

NET INCOME PER COMMON SHARE

Basic EPS $. 50 $.30 =========== ===========

Diluted EPS $.50 $.29 =========== ===========

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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