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Flanigan's Stock Gains Post Q3 Earnings, Revenues Up Y/Y
Flanigan's Enterprises shares have gained 18.9% since the company reported earnings for the quarter ended June 27, 2026, outperforming the S&P 500 Index's 0.4% decline over the same period. For the 13 weeks ended June 27, 2026, total revenues increased 8.3% to $56.2 million from $51.9 million a year earlier, while net income attributable to Flanigan's stockholders climbed 48.1% to $2.1 million from $1.4 million. Basic and diluted earnings per share rose 48% to $1.11 from 75 cents. Management attributed the revenue increase primarily to higher menu prices and increased restaurant and package liquor-store traffic, and expects restaurant food sales to increase through the remainder of fiscal 2026 because of recent price increases. During the quarter, Flanigan's purchased the Stuart, FL, property housing its Store #75 restaurant for $8.5 million in cash and refinanced its Calusa Center mortgage to $11.1 million.