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Flanigan’s records higher Q4 revenue and profit growth
Flanigan’s posted 7 percent Q4 revenue growth and higher profits, supported by pricing actions and new restaurant openings.
Flanigan’s Enterprises reported fiscal fourth-quarter revenue of $49.2 million, rising from $46 million in the same period last year. Growth was supported by menu price adjustments and contribution from new restaurant locations. Net income for the quarter increased to $0.9 million compared with $0.2 million a year earlier.