Flanigan's Enterprises Reports $52.6 Million Revenue and 137% Net Income Increase

Flanigan's Enterprises, Inc. reported a total revenue of $52.6 million for the thirteen weeks ended December 27, 2025, marking a 5.15% increase from $50.0 million in the same period last year. The growth was primarily driven by higher sales in both the restaurant and package store segments, with restaurant food sales rising to $30.9 million from $29.1 million, and package store sales increasing to $13.3 million from $12.4 million. The company also noted a significant increase in net income, which rose to $1.5 million, or $0.43 per share, compared to $632,000, or $0.03 per share, in the prior year, reflecting a 137.18% increase.

In terms of operational changes, Flanigan's maintained its portfolio of 32 units, which includes restaurants, package liquor stores, and a sports bar, while also franchising five additional units. The company has continued to implement price increases across its menu, which contributed to the revenue growth. Notably, the average weekly restaurant food sales for comparable locations increased by 6.08%, indicating a positive trend in customer traffic and engagement.

The company's costs and expenses for the quarter increased by 3.36% to $50.9 million, driven mainly by higher payroll and operating expenses. However, the cost of goods sold as a percentage of total revenue decreased, leading to an improved gross profit margin of 66.61% for restaurant food and bar sales, up from 64.87% in the previous year. Flanigan's also reported a decrease in selling, general, and administrative expenses, which fell to $1.4 million from $1.5 million, reflecting management's efforts to control costs.

Looking ahead, Flanigan's Enterprises anticipates continued growth in both restaurant and package store sales, bolstered by increased customer traffic and strategic price adjustments. The company has also made significant investments in property, including the recent acquisition of land in Cutler Bay, Florida, for future development. With cash and cash equivalents of approximately $23.0 million as of the end of the reporting period, Flanigan's believes it has sufficient liquidity to support its operations and planned capital expenditures for the upcoming fiscal year.