Flanigans | 10-Q: FY2025 Q3 Revenue: USD 52.16 M

Revenue: As of FY2025 Q3, the actual value is USD 52.16 M.

EPS: As of FY2025 Q3, the actual value is USD 0.75.

EBIT: As of FY2025 Q3, the actual value is USD 2.731 M.

Restaurant Segment

• Revenue: Restaurant food sales were $31,933,000 for the thirteen weeks ended June 28, 2025, compared to $30,471,000 for the same period in 2024. Restaurant bar sales were $7,931,000 compared to $7,577,000 in 2024.
• Cost of Merchandise Sold: $12,955,000 for the thirteen weeks ended June 28, 2025, compared to $13,104,000 in 2024.
• Gross Profit: Increased to $26,909,000 from $24,944,000 in 2024, with a gross profit margin of 67.50% compared to 65.56% in 2024.
• Operating Expenses: $22,674,000 for the thirteen weeks ended June 28, 2025, compared to $21,385,000 in 2024.

Package Store Segment

• Revenue: Package store sales were $11,522,000 for the thirteen weeks ended June 28, 2025, compared to $10,292,000 in 2024.
• Cost of Merchandise Sold: $8,779,000 for the thirteen weeks ended June 28, 2025, compared to $7,703,000 in 2024.
• Gross Profit: Increased to $2,743,000 from $2,589,000 in 2024, with a gross profit margin of 23.81% compared to 25.16% in 2024.

Corporate Segment

• Additional Revenues: Franchise-related revenues were $442,000, rental income was $270,000, and other revenues were $66,000 for the thirteen weeks ended June 28, 2025.
• Operating Expenses: $4,221,000 for the thirteen weeks ended June 28, 2025, compared to $4,262,000 in 2024.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities was $7,150,000 for the thirty-nine weeks ended June 28, 2025, compared to $5,219,000 in 2024.
• Investing Cash Flow: Net cash used in investing activities was -$5,677,000 for the thirty-nine weeks ended June 28, 2025, compared to -$4,068,000 in 2024.
• Financing Cash Flow: Net cash used in financing activities was -$4,665,000 for the thirty-nine weeks ended June 28, 2025, compared to -$4,560,000 in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue increasing menu prices to offset higher food and liquor costs and overall expenses. It also anticipates increased restaurant and package store sales due to these price adjustments and increased traffic.
• Non-Core Business: The company purchased undeveloped land in Cutler Bay, Florida, for a future restaurant site, reflecting ongoing investment in strategic expansion.