Flanigan's Enterprises, Inc., owners and operators of the "Flanigan's Seafood Bar and Grill" restaurants and "Big Daddy's" retail package liquor stores, today announced that it was cancell...
Flanigan's Enterprises, Inc. (BDL)
NASDAQ:AMEX Investor Relations:
flanigans.net/financial.php
Company Research
Source: PR Newswire
FORT LAUDERDALE, Fla., March 24, 2020 /PRNewswire/ -- Flanigan's Enterprises, Inc. (NYSE American: BDL) today provides the following in response to the COVID-19 outbreak:As per governmental directives to close our restaurants and reduce operating hours in our retail package liquor stores, we have temporarily shifted to a take-out or delivery only operating model in our company-owned or operated restaurants and have reduced the hours of operation of our retail package liquor stores. We have begun to layoff what we expect to be a significant number of our employees as we begin to assess our employment needs to service the newly implemented take-out and delivery and reduced hours operating models. Our previously announced cash dividend of $.30 per share to shareholders of record on March 20, 2020 and payable on April 3, 2020 is cancelled and will not be paid. "The health and safety of our customers, team members and their families is our top priority," said James G. Flanigan, CEO and C
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