Flanigan's Enterprises, Inc. Reports Earnings Results for the Second Quarter Ended April 3, 2021
May 21, 2021 at 06:09 am EDT
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Flanigan's Enterprises, Inc. announced earnings results for the second quarter ended April 3, 2021. For the second quarter, the company announced total revenue was USD 34.357 million compared to USD 30.128 million a year ago. Operating income was USD 2.793 million compared to USD 1.517 million a year ago. Net income was USD 2.451 million compared to USD 648,000 a year ago. Basic earnings per share from continuing operations was USD 1.32 compared to USD 0.35 a year ago. For the half year, total revenue was USD 65.737 million compared to USD 61.069 million a year ago. Operating income was USD 4.063 million compared to USD 2.748 million a year ago. Net income was USD 3.231 million compared to USD 1.142 million a year ago. Basic earnings per share from continuing operations was USD 1.74 compared to USD 0.61 a year ago.
Flanigan's Enterprises, Inc. owns and operates restaurants and retail package liquor stores. The Company operates through two segments: package stores and restaurants. The operation of package stores consists of retail liquor sales and related items. The Company operates 30 units, consisting of restaurants, package liquor stores, a combination restaurant/package liquor stores, and a sports bar, which the Company either owns or has operational control over and partial ownership in; and franchises an additional five units, consisting of two restaurants, one of which it operates and three combination restaurant/package liquor stores. The Company operates its package liquor stores and restaurants under the service marks, Big Daddy's Liquors, Big Daddyâs Wine & Liquors, Flaniganâs Seafood Bar and Grill, and Flaniganâs. The Company also operates its sports bar under the service mark, Brendanâs Sports Pub.
FLANIGAN'S ENTERPRISES, INC. 
