trending Market Intelligence /marketintelligence/en/news-insights/trending/QTit1O35z_ZLTnxoLKTmXA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Flanigan's Enterprises fiscal Q3 profit falls YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance


Flanigan's Enterprises fiscal Q3 profit falls YOY

Flanigan's Enterprises Inc. said its normalized net income for the fiscal third quarter ended June 27 amounted to 32 cents per share, a decrease from 33 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $598,500, a decrease from $607,630 in the year-earlier period.

The normalized profit margin dropped to 2.4% from 2.7% in the year-earlier period.

Total revenue grew 8.7% on an annual basis to $24.7 million from $22.8 million, and total operating expenses increased 9.7% on an annual basis to $22.8 million from $20.8 million.

Reported net income declined from the prior-year period to $842,000, or 45 cents per share, from $857,000, or 46 cents per share.