From Zacks Investment Research: 2025-05-23 15:02:00

Shares of Flanigan’s Enterprises, Inc. (BDL) have surged 19.1% since releasing quarterly results, outperforming the S&P 500. Revenue for the quarter ended March 29, 2025, increased 11.6% to $53.6 million, with net income up 38.5% to $2.7 million. Restaurant sales rose 9.9% to $40.8 million, while package store sales jumped 18.8% to $12.1 million, driven by higher customer traffic and price increases. Gross profit margins also improved, with operating income rising in both segments. Management expects continued growth, despite inflationary pressures on costs. The company ended the quarter with $22.9 million in cash and no declared dividends.



Read more at Zacks Investment Research: Flanigan’s Stock Gains Post Q2 Earnings, Revenues and Profit Improve – May 23, 2025