FLANIGAN'S Reports Earnings

FORT LAUDERDALE, Fla., Aug. 21, 2020 /PRNewswire/ -- FLANIGAN'S ENTERPRISES, INC., (NYSE AMERICAN: 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 June 27, 2020. The table below sets forth the results on a comparative basis with the 13 weeks and 39 weeks ended June 29, 2019.

	For the 13 weeks	For the 13 weeks
	ended June 27,	ended June 29,
	2020	2019
REVENUES

RESTAURANT FOOD AND BAR SALES	$ 16,144,000	$ 24,099,000
PACKAGE STORE SALES	7,099,000	4,752,000
FRANCHISE RELATED REVENUES	278,000	414,000
RENTAL INCOME	151,000	186,000
OTHER OPERATING INCOME (LOSS)	(9)	61,000

TOTAL REVENUES	$ 23,663,000	$ 29,512,000

NET INCOME (LOSS) ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC.	$ (455,000)	$ 968,000

NET INCOME (LOSS) PER COMMON SHARE BASIC AND DILUTED	$ (0.24)	$ 0.52

	For the 39 weeks	For the 39 weeks
	ended June	ended June
	27, 2020	29, 2019

RESTAURANT FOOD AND BAR SALES	$ 64,305,000	$ 70,214,000
PACKAGE STORE SALES	18,833,000	14,979,000
FRANCHISE RELATED REVENUES	945,000	1,210,000
RENTAL INCOME	554,000	576,000
OTHER OPERATING INCOME	95,000	163,000

TOTAL REVENUES	$ 84,732,000	$ 87,142,000

NET INCOME ATTRIBUTABLE TO FLANIGAN'S ENTERPRISES, INC	$ 687,000	$ 2,732,000

NET INCOME PER COMMON SHAREBASIC AND DILUTED	$ 0.37	$ 1.47