FLANIGAN'S REPORTS EARNINGS

Core Insights - Flanigan's Enterprises, Inc. reported financial results for the 13 weeks and 39 weeks ended June 29, 2024, showing an increase in total revenues compared to the same periods in the previous year [1] Financial Performance Summary 13 Weeks Ended June 29, 2024 vs. July 1, 2023 - Restaurant food and bar sales increased to $38,048,000 from$35,813,000, representing a growth of approximately 6.2% [2] - Package store sales rose to $10,292,000 from$8,791,000, marking an increase of about 16.9% [2] - Total revenues for the 13 weeks reached $49,102,000, up from$45,372,000, reflecting a growth of approximately 6.0% [2] - Net income attributable to Flanigan's Enterprises, Inc. decreased to $1,121,000 from$1,605,000, a decline of about 30.0% [2] - Net income per common share decreased to $0.60 from$0.86 [2] 39 Weeks Ended June 29, 2024 vs. July 1, 2023 - Restaurant food and bar sales increased to $108,962,000 from$101,962,000, showing a growth of approximately 6.9% [3] - Package store sales increased to $31,034,000 from$26,853,000, representing a growth of about 15.9% [3] - Total revenues for the 39 weeks reached $142,311,000, up from$131,036,000, indicating a growth of approximately 8.6% [3] - Net income attributable to Flanigan's Enterprises, Inc. decreased to $3,172,000 from$4,126,000, a decline of about 23.2% [3] - Net income per common share decreased to $1.71 from$2.22 [3]