Flanigan's Enterprises Reports Increased Net Income and EPS; Restaurant Food and Bar Sales Rise Significantly

Reuters
21 May
Flanigan's Enterprises Reports Increased Net Income and EPS; Restaurant Food and Bar Sales Rise Significantly

Flanigan's Enterprises Inc., owners and operators of "Flanigan's Seafood Bar and Grill" restaurants and "Big Daddy's" retail liquor stores, reported its earnings for the 13 weeks and 26 weeks ended March 29, 2025. The company saw an increase in total revenues for the 26-week period, reaching $103.894 million, up from $93.209 million in the same period the previous year. Restaurant food and bar sales contributed significantly to this growth, with sales rising to $77.868 million from $70.914 million. Package store sales also increased, reaching $24.486 million compared to $20.742 million the previous year. Net income attributable to Flanigan's Enterprises, Inc. for the 26-week period was reported at $2.745 million, an increase from $2.051 million in the prior year. The net income per common share for the same period was $1.48, up from $1.10. These figures reflect actual results and demonstrate a positive trend in the company's financial performance. For the 13-week period, the company reported total revenues of $53.632 million, an increase from $48.069 million in the same quarter the previous year. Net income was $2.690 million, up from $1.942 million, with net income per common share at $1.45, compared to $1.04 in the previous year. These results indicate continued growth and profitability for Flanigan's Enterprises Inc., driven by increased sales across its restaurant and retail liquor store operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flanigan's Enterprises Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: FL92675) on May 20, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10