Flanigan's Reports 3rd Quarter Earnings

Date : 08/16/2006 @ 9:00AM
Source : PR Newswire
Stock : Flanigans Enterprise (BDL)
Quote : 6.15  0.0 (0.00%) @ 9:30AM
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Flanigan's Reports 3rd Quarter Earnings

FORT LAUDERDALE, Fla., Aug. 16 /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, today announced results for the 13 weeks and the 39 weeks ended July 1, 2006. The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended July 2, 2005.

For the For the 13 weeks 13 weeks ended July 1, ended July 2, 2006 2005 ------------- ------------- REVENUES --------

RESTAURANT FOOD AND BEVERAGE REVENUES $10,348,000 $9,191,000

PACKAGE GOODS REVENUES 3,036,000 2,718,000 FRANCHISE REVENUES 291,000 242,000 OWNER'S FEE 96,000 123,000 OTHER OPERATING REVENUE 80,000 68,000 ---------- ---------- TOTAL REVENUES $13,851,000 $12,342,000 =========== ===========

Net Profit $203,000 $499,000 =========== =========== NET INCOME (LOSS) PER COMMON SHARE

BASIC EPS $0.11 $0.26 =========== ========== Diluted EPS $0.11 $0.26 =========== ==========

For the For the 39 weeks 39 weeks ended July 1, ended July 2, 2006 2005 ------------- ------------- RESTAURANT FOOD AND BEVERAGE REVENUES $30,109,000 $26,427,000

PACKAGE GOODS REVENUES 10,228,000 9,127,000 FRANCHISE REVENUES 837,000 754,000 OWNER'S FEE 123,000 198,000 OTHER OPERATING REVENUES 68,000 110,000 ---------- ---------- TOTAL REVENUES $41,576,000 $36,616,000 =========== ===========

NET PROFIT $1,147,000 $1,066,000 =========== ===========

NET INCOME PER COMMON SHARE

Basic EPS $0.61 $0.56 ============ ========== Diluted EPS $0.60 $0.55 ============ ==========

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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