FLANIGAN'S REPORTS EARNINGS
Flanigan's Enterprises, Inc. (NYSE AMERICAN: BDL), operators of Flanigan's Seafood Bar and Grill restaurants and Big Daddy's retail liquor stores, has reported its financial results for the 13 and 39 weeks ended June 29, 2024. Total revenues for the 13-week period increased to $49,102,000 from $45,372,000 in the same period last year. However, net income decreased to $1,121,000 ($0.60 per share) from $1,605,000 ($0.86 per share). For the 39-week period, total revenues rose to $142,311,000 from $131,036,000, but net income declined to $3,172,000 ($1.71 per share) from $4,126,000 ($2.22 per share) in the previous year.
Flanigan's Enterprises, Inc. (NYSE AMERICAN: BDL), operatore dei ristoranti Flanigan's Seafood Bar and Grill e dei negozi di liquori Big Daddy's, ha riportato i risultati finanziari per le 13 e 39 settimane terminate il 29 giugno 2024. I ricavi totali per il periodo di 13 settimane sono aumentati a $49.102.000 rispetto ai $45.372.000 nello stesso periodo dell'anno scorso. Tuttavia, il reddito netto è diminuito a $1.121.000 ($0,60 per azione) rispetto ai $1.605.000 ($0,86 per azione). Per il periodo di 39 settimane, i ricavi totali sono saliti a $142.311.000 dai $131.036.000, ma il reddito netto è calato a $3.172.000 ($1,71 per azione) dai $4.126.000 ($2,22 per azione) dell'anno precedente.
Flanigan's Enterprises, Inc. (NYSE AMERICAN: BDL), operadores de los restaurantes Flanigan's Seafood Bar and Grill y de las tiendas de licores Big Daddy's, ha informado sus resultados financieros para las 13 y 39 semanas finalizadas el 29 de junio de 2024. Los ingresos totales para el período de 13 semanas aumentaron a $49,102,000 desde $45,372,000 en el mismo período del año pasado. Sin embargo, el ingreso neto disminuyó a $1,121,000 ($0.60 por acción) desde $1,605,000 ($0.86 por acción). Para el período de 39 semanas, los ingresos totales aumentaron a $142,311,000 desde $131,036,000, pero el ingreso neto disminuyó a $3,172,000 ($1.71 por acción) desde $4,126,000 ($2.22 por acción) del año anterior.
플라니건 엔터프라이즈(주) (NYSE AMERICAN: BDL), 플라니건 해산물 바 & 그릴 레스토랑과 빅 대디의 주류 소매점 운영업체가 2024년 6월 29일로 종료된 13주 및 39주의 재무 결과를 보고했습니다. 총 수익은 13주 동안 지난해 같은 기간의 $45,372,000에서 $49,102,000으로 증가했습니다. 그러나 순이익은 $1,121,000($0.60 per share)에서 $1,605,000($0.86 per share)로 감소했습니다. 39주 기간의 총 수익은 $131,036,000에서 $142,311,000으로 증가했지만, 순이익은 지난해 $4,126,000($2.22 per share)에서 $3,172,000($1.71 per share)으로 감소했습니다.
Flanigan's Enterprises, Inc. (NYSE AMERICAN: BDL), exploitant des restaurants Flanigan's Seafood Bar and Grill et des magasins de spiritueux Big Daddy's, a annoncé ses résultats financiers pour les 13 et 39 semaines se terminant le 29 juin 2024. Les revenus totaux pour la période de 13 semaines ont augmenté à 49.102.000 $ contre 45.372.000 $ pour la même période de l'année précédente. Cependant, le revenu net a diminué à 1.121.000 $ (0,60 $ par action) par rapport à 1.605.000 $ (0,86 $ par action). Pour la période de 39 semaines, les revenus totaux ont augmenté à 142.311.000 $ contre 131.036.000 $, mais le revenu net a chuté à 3.172.000 $ (1,71 $ par action) contre 4.126.000 $ (2,22 $ par action) de l'année précédente.
Flanigan's Enterprises Inc. (NYSE AMERICAN: BDL), Betreiber der Flanigan's Seafood Bar and Grill Restaurants und der Big Daddy's Einzelhandelsgetränkeshops, hat seine finanziellen Ergebnisse für die 13 und 39 Wochen bis zum 29. Juni 2024 bekannt gegeben. Die Gesamterlöse für den 13-Wochen-Zeitraum stiegen auf 49.102.000 $ gegenüber 45.372.000 $ im gleichen Zeitraum des Vorjahres. Allerdings sank der Nettogewinn auf 1.121.000 $ (0,60 $ pro Aktie) von 1.605.000 $ (0,86 $ pro Aktie). Im Zeitraum von 39 Wochen stiegen die Gesamterlöse auf 142.311.000 $ gegenüber 131.036.000 $, während der Nettogewinn auf 3.172.000 $ (1,71 $ pro Aktie) von 4.126.000 $ (2,22 $ pro Aktie) im Vorjahr zurückging.
- Total revenues increased by 8.2% to $49,102,000 for the 13-week period
- Restaurant food and bar sales grew by 6.2% to $38,048,000 for the 13-week period
- Package store sales rose by 17.1% to $10,292,000 for the 13-week period
- Total revenues for the 39-week period increased by 8.6% to $142,311,000
- Net income for the 13-week period decreased by 30.2% to $1,121,000
- Earnings per share for the 13-week period declined from $0.86 to $0.60
- Net income for the 39-week period decreased by 23.1% to $3,172,000
- Earnings per share for the 39-week period declined from $2.22 to $1.71
- Franchise related revenues decreased for both 13-week and 39-week periods
Insights
Flanigan's Enterprises reports mixed results for Q3 2024. While total revenues increased by
Year-to-date performance follows a similar pattern, with revenue growth of
Flanigan's performance reflects broader trends in the restaurant and retail liquor industries. The
However, the decline in franchise-related revenues (
13 Weeks Ended | 13 Weeks Ended | ||||||||
June 29, 2024 | July 1, 2023 | ||||||||
REVENUES: | |||||||||
RESTAURANT FOOD AND BAR SALES | $ | 38,048,000 | $ | 35,813,000 | |||||
PACKAGE STORE SALES | 10,292,000 | 8,791,000 | |||||||
FRANCHISE RELATED REVENUES | 428,000 | 466,000 | |||||||
RENTAL INCOME | 278,000 | 252,000 | |||||||
OTHER OPERATING INCOME | 56,000 | 50,000 | |||||||
TOTAL REVENUES | $ | 49,102,000 | $ | 45,372,000 | |||||
NET INCOME ATTRIBUTABLE TO | |||||||||
FLANIGAN'S ENTERPRISES, INC. | $ | 1,121,000 | $ | 1,605,000 | |||||
NET INCOME PER COMMON SHARE | |||||||||
BASIC AND DILUTED | $ | $ | |||||||
39 Weeks Ended | 39 Weeks Ended | ||||||||
June 29, 2024 | July 1, 2023 | ||||||||
REVENUES: | |||||||||
RESTAURANT FOOD AND BAR SALES | $ | 108,962,000 | $ | 101,962,000 | |||||
PACKAGE STORE SALES | 31,034,000 | 26,853,000 | |||||||
FRANCHISE RELATED REVENUES | 1,291,000 | 1,409,000 | |||||||
RENTAL INCOME | 844,000 | 683,000 | |||||||
OTHER OPERATING INCOME | 180,000 | 129,000 | |||||||
TOTAL REVENUES | $ | 142,311,000 | $ | 131,036,000 | |||||
NET INCOME ATTRIBUTABLE TO | |||||||||
FLANIGAN'S ENTERPRISES, INC. | $ | 3,172,000 | $ | 4,126,000 | |||||
NET INCOME PER COMMON SHARE | |||||||||
BASIC AND DILUTED | $ | $ |
View original content:https://www.prnewswire.com/news-releases/flanigans-reports-earnings-302222725.html
SOURCE FLANIGAN'S ENTERPRISES, INC.
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