Flanigan's (BDL) Q3 Earnings Decline Y/Y, Revenues Improve [Yahoo! Finance]
Flanigan's Enterprises, Inc. (BDL)
NASDAQ:AMEX Investor Relations:
flanigans.net/financial.php
Company Research
Source: Yahoo! Finance
Revenues in Detail Flanigan's registered revenues of $49.1 million in the fiscal third quarter, up 8.2% year over year. The revenue uptick primarily resulted from the increased package liquor store and restaurant sales, revenue generated from the opening of Flanigan's corporate-owned restaurant in Hollywood, FL (Store #19R) in March 2024 and the opening of the limited partnership-owned restaurant in Miramar, FL (Store #25) in April 2023. Revenue Sources Flanigan's generates sales from three sources — Restaurant food sales, Restaurant bar sales and Package store sales. Restaurant food sales generated revenues of $30.5 million, up 8.3% year over year. The increase is attributable to restaurant food sales generated from the opening of the company's corporate-owned restaurant in Hollywood, FL (Store #19R) during the second quarter of fiscal 2024 and the opening of the limited partnership-owned restaurant in Miramar, FL (Store #25) during the third quarter of fiscal 2023. Comp
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