May 16, 2012 at 17:00 PM EDT
Flanigan's Announces Earnings

FORT LAUDERDALE, Fla., May 16, 2012 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE Alternext US: 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 March 31, 2012.  The table below sets forth the results on a comparative basis with the 13 weeks and 26 weeks ended April 2, 2011.


For the 13 weeks


For the 13 weeks


ended March 31,


ended April 2,


2012


2011

REVENUES








RESTAURANT FOOD AND




  BAR SALES                      

$ 16,529,000


$ 15,302,000

PACKAGE STORE SALES

3,575,000


3,505,000

FRANCHISE RELATED REVENUES

248,000


244,000

RENTAL INCOME

179,000


--

OWNER'S FEE

43,000


42,000

OTHER OPERATING INCOME

44,000


71,000





TOTAL REVENUES

$ 20,618,000


$ 19,164,000





NET INCOME ATTRIBUTABLE




TO FLANIGAN'S ENTERPRISES, INC

$ 509,000


$ 735,000(1)





NET INCOME PER COMMON SHARE




BASIC AND DILUTED

.27


$ .39





(1) Includes after tax gain of $162,000 from sale of guaranteed leasehold interest.









For the 26 weeks


For the 26 weeks


  ended March 31,


ended April 2,


2012


2011





RESTAURANT FOOD AND




  BAR SALES

$ 31,313,000


$ 29,062,000

PACKAGE STORE SALES

7,357,000


7,204,000

FRANCHISE RELATED REVENUES

511,000


503,000

RENTAL INCOME

230,000


---

OWNER'S FEE

82,000


84,000

OTHER OPERATING INCOME

77,000


99,000





TOTAL REVENUES

$ 39,570,000


$ 36,952,000





NET INCOME ATTRIBUTABLE




TO FLANIGAN'S ENTERPRISES, INC.

$ 845,000


$ 1,085,000(1)





NET INCOME PER COMMON SHARE




BASIC AND DILUTED

$ . 45


$ .58





(1) Includes after tax gain of $162,000 from sale of guaranteed leasehold interest.

SOURCE Flanigan's Enterprises, Inc.

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