Flanigan'S Enterprises (BDL)
Market Price (10/28/2026): $50.75 | Market Cap: $94.3 MilSector: Consumer Discretionary | Industry: Restaurants
Flanigan'S Enterprises (BDL)
Market Price (10/28/2026): $50.75Market Cap: $94.3 MilSector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0% Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Experiential Retail. | Trading close to highsDist 52W High is -1.6%, Dist 3Y High is -1.6% | Key risksBDL key risks include [1] its limited geographic expansion and heavy market concentration in South Florida and [2] low net profit margins combined with volatile free cash flow. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Experiential Retail. |
| Trading close to highsDist 52W High is -1.6%, Dist 3Y High is -1.6% |
| Key risksBDL key risks include [1] its limited geographic expansion and heavy market concentration in South Florida and [2] low net profit margins combined with volatile free cash flow. |
Qualitative Assessment
AI Analysis | Feedback
Flanigan'S Enterprises (BDL) stock has gained about 15% since 6/30/2026 because of the following key factors:
1. Strong Fiscal Q3 2026 Earnings Beat Fueled Stock Rally.
Flanigan's Enterprises reported robust financial results for fiscal Q3 2026 (the 13 weeks ended June 27, 2026), with the earnings release on August 12, 2026, acting as a primary catalyst for the stock's appreciation. The company announced total revenues of $56.203 million, an increase from $51.894 million in fiscal Q3 2025. Net income attributable to Flanigan's surged to $2.061 million, up from $1.392 million in the prior year, resulting in basic and diluted earnings per share (EPS) of $1.11, compared to $0.75 previously. This positive earnings report led to a significant stock price increase of 10.62% on August 13, 2026, the first trading day after the announcement.
2. Revenue Growth Driven by Increased Restaurant and Package Store Sales with Pricing Power.
The improved fiscal Q3 2026 financial performance was directly attributable to higher sales across both of Flanigan's key segments. Restaurant food and bar sales rose to $42.678 million from $39.864 million, while package store sales increased to $12.979 million from $11.522 million in the comparative prior-year period. These gains were propelled by menu price increases and higher customer traffic in both restaurant and package store operations, which also contributed to enhanced gross margins despite broader inflationary pressures on operating costs.
Show more
Flanigan'S Enterprises (BDL) stock has gained about 15% since 6/30/2026 because of the following key factors:
1. Strong Fiscal Q3 2026 Earnings Beat Fueled Stock Rally.
Flanigan's Enterprises reported robust financial results for fiscal Q3 2026 (the 13 weeks ended June 27, 2026), with the earnings release on August 12, 2026, acting as a primary catalyst for the stock's appreciation. The company announced total revenues of $56.203 million, an increase from $51.894 million in fiscal Q3 2025. Net income attributable to Flanigan's surged to $2.061 million, up from $1.392 million in the prior year, resulting in basic and diluted earnings per share (EPS) of $1.11, compared to $0.75 previously. This positive earnings report led to a significant stock price increase of 10.62% on August 13, 2026, the first trading day after the announcement.
2. Revenue Growth Driven by Increased Restaurant and Package Store Sales with Pricing Power.
The improved fiscal Q3 2026 financial performance was directly attributable to higher sales across both of Flanigan's key segments. Restaurant food and bar sales rose to $42.678 million from $39.864 million, while package store sales increased to $12.979 million from $11.522 million in the comparative prior-year period. These gains were propelled by menu price increases and higher customer traffic in both restaurant and package store operations, which also contributed to enhanced gross margins despite broader inflationary pressures on operating costs.
3. Strategic Capital Allocation and Shareholder Returns.
Flanigan's demonstrated confidence in its financial outlook by increasing its quarterly dividend to $0.60 per share from $0.55 per share. Concurrently, the company pursued growth initiatives, notably investing $8.45 million in the acquisition of a property in Stuart, Florida, intended for future development. This strategic expansion, supported by operating cash flow of $12.8 million and new mortgage borrowings, signaled a commitment to both shareholder returns and future growth potential.
4. Supportive Macroeconomic Trends in the Restaurant Industry.
The broader restaurant industry experienced continued sales growth during fiscal Q4 2026 (July-September 2026). U.S. eating and drinking places generated $105.1 billion in seasonally adjusted sales in August 2026, marking a 1.2% increase from July and the fifth consecutive month of sales growth. While consumer traffic remained uneven and inflationary pressures persisted, Flanigan's ability to drive sales through pricing and traffic in this environment indicates effective operational strategies that capitalized on overall positive, albeit cautious, spending trends in the sector.
Show less
Stock Movement Drivers
Fundamental Drivers
The 13.6% change in BDL stock from 6/30/2026 to 10/27/2026 was primarily driven by a 9.0% change in the company's Net Income Margin (%).| (LTM values as of) | 6302026 | 10272026 | Change |
|---|---|---|---|
| Stock Price ($) | 44.84 | 50.92 | 13.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 210 | 215 | 2.1% |
| Net Income Margin (%) | 2.8% | 3.1% | 9.0% |
| P/E Multiple | 14.0 | 14.3 | 2.1% |
| Shares Outstanding (Mil) | 2 | 2 | 0.0% |
| Cumulative Contribution | 13.6% |
Market Drivers
6/30/2026 to 10/27/2026| Return | Correlation | |
|---|---|---|
| BDL | 13.6% | |
| Market (SPY) | 3.1% | 15.0% |
| Sector (XLY) | -1.6% | 10.5% |
Fundamental Drivers
The 67.0% change in BDL stock from 3/31/2026 to 10/27/2026 was primarily driven by a 45.5% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 10272026 | Change |
|---|---|---|---|
| Stock Price ($) | 30.49 | 50.92 | 67.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 207 | 215 | 3.6% |
| Net Income Margin (%) | 2.8% | 3.1% | 10.8% |
| P/E Multiple | 9.8 | 14.3 | 45.5% |
| Shares Outstanding (Mil) | 2 | 2 | 0.0% |
| Cumulative Contribution | 67.0% |
Market Drivers
3/31/2026 to 10/27/2026| Return | Correlation | |
|---|---|---|
| BDL | 67.0% | |
| Market (SPY) | 18.7% | 7.5% |
| Sector (XLY) | 6.1% | 11.5% |
Fundamental Drivers
The 62.4% change in BDL stock from 9/30/2025 to 10/27/2026 was primarily driven by a 43.3% change in the company's Net Income Margin (%).| (LTM values as of) | 9302025 | 10272026 | Change |
|---|---|---|---|
| Stock Price ($) | 31.36 | 50.92 | 62.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 200 | 215 | 7.2% |
| Net Income Margin (%) | 2.2% | 3.1% | 43.3% |
| P/E Multiple | 13.5 | 14.3 | 5.7% |
| Shares Outstanding (Mil) | 2 | 2 | 0.0% |
| Cumulative Contribution | 62.4% |
Market Drivers
9/30/2025 to 10/27/2026| Return | Correlation | |
|---|---|---|
| BDL | 62.4% | |
| Market (SPY) | 16.5% | 11.3% |
| Sector (XLY) | -3.1% | 14.5% |
Fundamental Drivers
The 62.6% change in BDL stock from 9/30/2023 to 10/27/2026 was primarily driven by a 31.8% change in the company's P/E Multiple.| (LTM values as of) | 9302023 | 10272026 | Change |
|---|---|---|---|
| Stock Price ($) | 31.32 | 50.92 | 62.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 171 | 215 | 25.8% |
| Net Income Margin (%) | 3.2% | 3.1% | -1.9% |
| P/E Multiple | 10.8 | 14.3 | 31.8% |
| Shares Outstanding (Mil) | 2 | 2 | 0.0% |
| Cumulative Contribution | 62.6% |
Market Drivers
9/30/2023 to 10/27/2026| Return | Correlation | |
|---|---|---|
| BDL | 62.6% | |
| Market (SPY) | 86.2% | 7.0% |
| Sector (XLY) | 46.7% | 8.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BDL Return | 56% | -14% | 1% | 0% | 19% | 75% | 183% |
| Peers Return | 5% | -6% | 31% | 52% | -7% | 44% | 161% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 103% |
Monthly Win Rates [3] | |||||||
| BDL Win Rate | 67% | 42% | 58% | 50% | 42% | 80% | |
| Peers Win Rate | 52% | 38% | 58% | 62% | 43% | 64% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 40% | |
Max Drawdowns [4] | |||||||
| BDL Max Drawdown | -43% | -37% | -26% | -16% | -24% | -20% | |
| Peers Max Drawdown | -36% | -35% | -24% | -26% | -36% | -25% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DRI, TXRH, EAT, CAKE, BLMN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/27/2026 (YTD)
How Low Can It Go
| Event | BDL | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -17.1% | -9.5% |
| % Gain to Breakeven | 20.6% | 10.5% |
| Time to Breakeven | 541 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -16.2% | -24.5% |
| % Gain to Breakeven | 19.3% | 32.4% |
| Time to Breakeven | 95 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -57.0% | -33.7% |
| % Gain to Breakeven | 132.8% | 50.9% |
| Time to Breakeven | 299 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -17.6% | -19.2% |
| % Gain to Breakeven | 21.4% | 23.8% |
| Time to Breakeven | 867 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -35.8% | -12.2% |
| % Gain to Breakeven | 55.7% | 13.9% |
| Time to Breakeven | 475 days | 62 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -11.5% | -15.4% |
| % Gain to Breakeven | 12.9% | 18.2% |
| Time to Breakeven | 19 days | 125 days |
In The Past
Flanigan'S Enterprises's stock fell -6.7% during the 2025 US Tariff Shock. Such a loss loss requires a 7.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | BDL | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -57.0% | -33.7% |
| % Gain to Breakeven | 132.8% | 50.9% |
| Time to Breakeven | 299 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -35.8% | -12.2% |
| % Gain to Breakeven | 55.7% | 13.9% |
| Time to Breakeven | 475 days | 62 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -63.6% | -53.4% |
| % Gain to Breakeven | 174.6% | 114.4% |
| Time to Breakeven | 653 days | 1085 days |
In The Past
Flanigan'S Enterprises's stock fell -6.7% during the 2025 US Tariff Shock. Such a loss loss requires a 7.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Flanigan'S Enterprises (BDL)
Flanigan's Enterprises (BDL) Business Overview
Flanigan's Enterprises, Inc. (BDL) is a company primarily engaged in the hospitality and retail alcohol sectors within South Florida. It operates a dual business model consisting of a chain of full-service restaurants and a network of package liquor stores. This integrated approach allows the company to cater to a broad base of local consumers seeking both dining experiences and convenient access to alcoholic beverages.
The company's main offerings are divided into two segments. Under the "Flanigan's Seafood Bar and Grill" brand, Flanigan's operates restaurants that provide a complete food menu along with a selection of alcoholic beverages. Concurrently, its "Big Daddy's Liquors" package stores offer a variety of alcoholic products, including private label liquors, beer, and wines, for off-premise consumption. Many of Flanigan's locations strategically combine both restaurant and liquor store operations, enhancing customer convenience.
As of its most recent disclosure, Flanigan's Enterprises managed 27 company-owned units across South Florida, encompassing restaurants, package liquor stores, and combined facilities. Additionally, it franchises 5 units. This established presence allows Flanigan's to serve the general public, including residents and visitors, throughout its operating region as its primary customer base.
AI Analysis | Feedback
1. Imagine a regional Chili's or Applebee's, but many restaurants are directly attached to their own package liquor stores.
2. Like a Florida-based Outback Steakhouse that also owns a chain of liquor stores.
AI Analysis | Feedback
Major Products/Services of Flanigan's Enterprises (BDL)
- Package Liquor Stores: Operates under the Big Daddy's Liquors name, selling private label liquors, beer, and wines.
- Restaurants: Operates as Flanigan's Seafood Bar and Grill, providing full food services and alcoholic beverages.
AI Analysis | Feedback
Flanigan's Enterprises (BDL) primarily sells its products and services directly to individual consumers.
Its major customer categories are:
- Restaurant Patrons: Individuals who frequent Flanigan's Seafood Bar and Grill locations for full-service dining, including food and alcoholic beverages.
- Liquor Store Consumers: Individuals who purchase private label liquors, beer, and wines from Big Daddy's Liquors stores for off-premise consumption.
AI Analysis | Feedback
AI Analysis | Feedback
James G. Flanigan II has been the Chief Executive Officer of Flanigan's Enterprises since 2005, having previously served as President from 2002 and a Director since 1991. He stepped down as President and Chairman of the Board on January 8, 2026, but remains Chief Executive Officer and a director. He is the son of the company's founder, Joseph "Big Daddy" Flanigan, who established the initial business focusing on lounges and package liquor stores in 1959. Mr. Flanigan has also served as a Vice President and shareholder of Twenty Seven Birds Corporation, a franchisee of Flanigan's, since 1985. He is the sole Manager of Flanigan Family Stock Holdings, LLC (FFSH), which controls significant voting and investment power over the company's shares, contributing to Flanigan's Enterprises being considered a "controlled company."
Allison Govoni, Chief Financial OfficerAllison Govoni was appointed Chief Financial Officer of Flanigan's Enterprises effective January 8, 2026, succeeding Jeffrey D. Kastner. She joined the company in 2007 and has held various positions within the accounting department, including Director of Accounting and Corporate Controller from 2017 to 2024.
Christopher O'Neil, PresidentChristopher O'Neil was named President of Flanigan's Enterprises effective January 8, 2026, taking over from James G. Flanigan II in that role. Prior to this appointment, he served as the Vice President of Package Operations. Mr. O'Neil also continues to serve as a director of the company.
Peter Bruce, Chief Operating OfficerPeter Bruce was appointed Chief Operating Officer of Flanigan's Enterprises effective January 8, 2026, succeeding August H. Bucci. He joined the company in 2016 and has held several management roles within the restaurant division, including Director of Operations from 2022 to 2026 and Supervisor of Operations from 2018 to 2022.
Jeffrey D. Kastner, Chief Legal Officer and Chairman of the BoardJeffrey D. Kastner transitioned from his role as Chief Financial Officer to Chief Legal Officer and Chairman of the Board effective January 8, 2026. He also maintains his positions as General Counsel, Secretary, and a director of the company. Mr. Kastner has a long history with Flanigan's, having joined the Board of Directors in 1985, serving as a corporate attorney for the company from 1979 to 1982, and as general counsel since 1982. He was also President of his law firm, Jeffrey D. Kastner, P.A., from 1983 through 2004.
AI Analysis | Feedback
Flanigan's Enterprises, Inc. (symbol: BDL) faces several key risks inherent to its business model of operating full-service restaurants and package liquor stores, particularly given its geographic concentration.
- Geographical Concentration and Exposure to Natural Disasters: A primary risk for Flanigan's Enterprises is its heavy concentration in South Florida. This geographical focus makes the company highly vulnerable to regional economic downturns and, significantly, to natural disasters such as hurricanes. Such events can cause extensive property damage, disrupt operations, deter tourism, and negatively impact the local economy, thereby affecting the company's revenue and profitability.
- Highly Competitive Industry and Rising Operating Costs: The company operates in the intensely competitive restaurant and package liquor store industries. A continuous challenge is managing rising operating costs, including increases in food, fuel, and labor expenses due to inflation. These escalating costs can put significant pressure on profit margins, requiring the company to implement strategic price increases and cost control measures to maintain profitability.
- Regulatory Compliance and Liquor Liability: Flanigan's Enterprises is subject to extensive federal, state, and local regulations pertaining to labor, health, safety, and particularly, alcohol sales. Non-compliance with these regulations can lead to fines, penalties, or even loss of licenses. Furthermore, the company faces significant liquor liability risks, including potential legal ramifications under "dram shop" statutes for serving intoxicated individuals or liability for serving underage patrons, which could result in substantial legal and financial costs.
AI Analysis | Feedback
The rise of online alcohol delivery platforms poses an emerging threat to Flanigan's Enterprises' Package Stores segment. These platforms offer consumers direct-to-door delivery of beer, wine, and spirits, challenging the traditional brick-and-mortar retail model of Big Daddy's Liquors by providing a convenient alternative for purchasing alcoholic beverages.
AI Analysis | Feedback
The addressable markets for Flanigan's Enterprises (symbol: BDL) main products and services in Florida are as follows:
For its full-service restaurants, operating under the Flanigan's Seafood Bar and Grill service mark, the addressable market size is approximately $66.1 billion in annual sales for full-service restaurants in Florida (as of 2023).
For its package liquor stores, operating under the Big Daddy's Liquors name, the addressable market for spirits is over $9 billion in annual sales in Florida (as of 2022). In Florida, spirits are exclusively available from package stores.
AI Analysis | Feedback
- Strategic Price Increases: Flanigan's Enterprises has been implementing targeted menu and bar price increases to preserve margins amidst inflation and drive revenue growth. This strategy has contributed to expanding gross profit margins in its restaurant and bar segment.
- Increased Customer Traffic and Sales Volume: The company anticipates continued growth in both restaurant food and bar sales, as well as package liquor store sales, driven by an expected increase in customer traffic. Recent results have shown higher sales in both operating segments, indicating ongoing consumer demand.
- New Location Openings: Expansion through new restaurant and package liquor store locations is a driver of revenue growth. The opening of new units, such as the Hollywood, FL location, has demonstrably contributed to top-line performance.
AI Analysis | Feedback
Capital Expenditures
- Capital expenditures for the quarter ended December 27, 2025, totaled $595,000, which included renovation spending at several company-owned locations.
- In the fourth quarter of fiscal 2025, Flanigan's Enterprises acquired undeveloped land in Cutler Bay, Florida, for $2.2 million in cash, intended for a future restaurant site.
- The company anticipates that its current cash on hand and positive operating cash flow will be sufficient to cover operations and planned capital expenditures for at least the next 12 months.
Peer Outperformance in Restaurants
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| BDL | Flanigan'S Enterprises | 7.9% | 14.3x | 62.6% | 90.1% | 90.9% | — |
| CAKE | Cheesecake Factory | 4.4% | 28.3x | 97.6% | 288.4% | 196.7% | +106pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -22.0% | 45.5% | 81.7% | CVSA 246% · PRDO 227% · LRN 134% |
| Homebuilding | 17 | -7.0% | 49.1% | 31.0% | PHM 161% · GRBK 157% · TOL 151% |
| Hotels, Resorts & Cruise Lines | 21 | 5.7% | 48.0% | 19.7% | RCL 267% · MAR 155% · LIND 154% |
| Home Furnishings | 3 | -6.7% | 63.3% | 1.4% | SGI 42% · MHK -35% |
| Automotive Retail | 17 | -15.5% | 15.9% | -1.8% | MUSA 229% · PAG 132% · ORLY 107% |
| Home Improvement Retail | 5 | -16.9% | 14.7% | -5.5% | HD -3% · LOW -6% · FND -64% |
| Specialized Consumer Services | 10 | -15.2% | 31.9% | -13.6% | HRB 146% · FTDR 100% · SCI 41% |
| Footwear | 9 | 54.3% | 44.3% | -21.3% | DECK 28% · SHOO 8% · CROX -21% |
| Restaurants ← | 36 | -13.0% | -1.6% | -23.2% | EAT 360% · CAKE 197% · TXRH 106% |
| Distributors | 4 | -17.9% | -14.1% | -25.9% | ARMK 125% · GPC 6% · POOL -58% |
| Leisure Products | 14 | -19.0% | -8.3% | -34.6% | GOLF 79% · HAS 53% · BC -16% |
| Apparel Retail | 27 | -3.6% | 9.9% | -38.1% | ANF 333% · TJX 133% · ROST 120% |
| Household Appliances | 18 | 3.8% | 10.3% | -38.6% | |
| Apparel, Accessories & Luxury Goods | 29 | -1.9% | 22.8% | -38.8% | RL 254% · TPR 232% · KTB 69% |
| Leisure Facilities | 12 | 7.5% | 0.6% | -42.1% | LTH 144% · OSW 133% · PLNT -34% |
| Computer & Electronics Retail | 3 | -0.7% | 77.0% | -46.1% | BBY 5% · GME -46% |
| Automotive Parts & Equipment | 39 | -13.0% | -12.2% | -46.5% | MOD 1181% · GTX 238% · PATK 54% |
| Casinos & Gaming | 20 | -20.2% | -19.4% | -48.5% | MCRI 81% · RRR 14% · BYD 12% |
| Broadline Retail | 13 | -5.7% | 35.7% | -50.9% | EBAY 66% · AMZN 49% · OLLI 27% |
| Other Specialty Retail | 24 | -22.8% | -12.1% | -59.8% | ULTA 70% · ASO 45% · DKS 30% |
| Automobile Manufacturers | 8 | -79.5% | -44.9% | -71.5% | GM 55% · TSLA 18% · F 3% |
| Consumer Electronics | 11 | -34.9% | -25.4% | -77.0% | GRMN 119% · SONO -43% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Can Flanigan'S Enterprises Stock Recover If Markets Fall? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 136.25 |
| Mkt Cap | 6.6 |
| Rev LTM | 4,893 |
| Op Inc LTM | 380 |
| FCF LTM | 303 |
| FCF 3Y Avg | 245 |
| CFO LTM | 572 |
| CFO 3Y Avg | 468 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.5% |
| Rev Chg 3Y Avg | 7.7% |
| Rev Chg Q | 6.4% |
| QoQ Delta Rev Chg LTM | 1.6% |
| Op Inc Chg LTM | 11.2% |
| Op Inc Chg 3Y Avg | 12.4% |
| Op Mgn LTM | 7.4% |
| Op Mgn 3Y Avg | 7.5% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 11.0% |
| CFO/Rev 3Y Avg | 9.9% |
| FCF/Rev LTM | 5.9% |
| FCF/Rev 3Y Avg | 4.9% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Restaurant | 161 | 149 | 140 | 124 | 105 |
| Package | 47 | 40 | 35 | 32 | 29 |
| Franchise related revenues | 2 | 2 | |||
| Other revenues | 0 | 0 | 3 | 3 | |
| Eliminations | -5 | -4 | -13 | ||
| Corporate | 12 | ||||
| Total | 205 | 187 | 174 | 158 | 137 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Restaurant | 14 | 11 | 12 | 6 | 9 |
| Package | 3 | 3 | 2 | 3 | 2 |
| Eliminations | -1 | -0 | -1 | ||
| Corporate | -8 | -8 | -6 | ||
| Corporate expenses, net of other revenues | -2 | -2 | |||
| Total | 9 | 6 | 7 | 7 | 9 |
| $ Mil | 2025 | 2024 | 2023 |
|---|---|---|---|
| Restaurant | 11 | 10 | 10 |
| Package | 4 | 3 | 2 |
| Eliminations | -2 | -1 | -1 |
| Corporate | -8 | -8 | -7 |
| Total | 5 | 3 | 4 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Restaurant | 76 | 78 | 77 | 74 | 68 |
| Corporate | 40 | 41 | 45 | 54 | 44 |
| Package | 24 | 23 | 24 | 20 | 16 |
| Total | 141 | 142 | 146 | 147 | 128 |
Price Behavior
| Market Price | $50.92 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 09/07/1984 | |
| Distance from 52W High | -1.6% | |
| 50 Days | 200 Days | |
| DMA Price | $46.74 | $37.97 |
| DMA Trend | up | up |
| Distance from DMA | 8.9% | 34.1% |
| 3M | 1YR | |
| Volatility | 57.0% | 61.0% |
| Downside Capture | -119.04 | 9.92 |
| Upside Capture | 40.46 | 61.84 |
| Correlation (S&P 500) | 4.4% | 10.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.55 | -0.30 | 0.97 | 0.41 | 0.49 | 0.20 |
| Up Beta | -2.81 | -0.91 | -0.53 | 0.92 | 0.95 | 0.24 |
| Down Beta | 4.32 | -0.41 | 2.62 | -0.15 | 0.58 | 0.16 |
| Up Capture | -54% | 33% | 121% | 76% | 45% | 7% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 12 | 25 | 35 | 62 | 105 | 278 |
| Down Capture | -141% | -111% | 93% | -32% | -3% | 31% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 10 | 17 | 29 | 53 | 102 | 312 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BDL | |
|---|---|---|---|---|
| BDL | 160.7% | 63.0% | 2.28 | - |
| Sector ETF (XLY) | -2.3% | 19.3% | -0.25 | 15.0% |
| Equity (SPY) | 14.6% | 12.7% | 0.79 | 12.6% |
| Gold (GLD) | -1.4% | 28.5% | -0.06 | 4.3% |
| Commodities (DBC) | 47.3% | 20.6% | 1.76 | -16.5% |
| Real Estate (VNQ) | 3.8% | 13.9% | 0.02 | 1.3% |
| Bitcoin (BTCUSD) | -27.9% | 43.4% | -0.63 | 5.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BDL | |
|---|---|---|---|---|
| BDL | 26.7% | 47.7% | 0.84 | - |
| Sector ETF (XLY) | 4.7% | 24.1% | 0.15 | 8.7% |
| Equity (SPY) | 12.8% | 17.1% | 0.56 | 8.2% |
| Gold (GLD) | 17.6% | 18.9% | 0.75 | 1.3% |
| Commodities (DBC) | 9.2% | 19.5% | 0.35 | -3.9% |
| Real Estate (VNQ) | 1.0% | 18.9% | -0.06 | 3.2% |
| Bitcoin (BTCUSD) | 4.5% | 51.6% | 0.27 | 7.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BDL | |
|---|---|---|---|---|
| BDL | 15.3% | 48.1% | 0.52 | - |
| Sector ETF (XLY) | 12.6% | 22.2% | 0.51 | 15.2% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 15.4% |
| Gold (GLD) | 12.0% | 16.4% | 0.60 | 3.4% |
| Commodities (DBC) | 8.2% | 18.1% | 0.37 | 2.5% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 13.5% |
| Bitcoin (BTCUSD) | 62.2% | 66.2% | 1.02 | 3.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/11/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 02/10/2026 | 10-Q |
| 09/30/2025 | 12/19/2025 | 10-K |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/19/2025 | 10-Q |
| 12/31/2024 | 02/11/2025 | 10-Q |
| 09/30/2024 | 12/27/2024 | 10-K |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 02/13/2024 | 10-Q |
| 09/30/2023 | 12/29/2023 | 10-K |
| 06/30/2023 | 08/15/2023 | 10-Q |
| 03/31/2023 | 05/16/2023 | 10-Q |
| 12/31/2022 | 03/15/2023 | 10-Q |
| 09/30/2022 | 01/18/2023 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/11/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 02/10/2026 | 10-Q |
| 09/30/2025 | 12/19/2025 | 10-K |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/19/2025 | 10-Q |
| 12/31/2024 | 02/11/2025 | 10-Q |
| 09/30/2024 | 12/27/2024 | 10-K |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 02/13/2024 | 10-Q |
| 09/30/2023 | 12/29/2023 | 10-K |
| 06/30/2023 | 08/15/2023 | 10-Q |
| 03/31/2023 | 05/16/2023 | 10-Q |
| 12/31/2022 | 03/15/2023 | 10-Q |
| 09/30/2022 | 01/18/2023 | 10-K |
| 06/30/2022 | 08/16/2022 | 10-Q |
| 03/31/2022 | 05/24/2022 | 10-Q |
| 12/31/2021 | 02/22/2022 | 10-Q |
| 09/30/2021 | 01/14/2022 | 10-K |
| 06/30/2021 | 08/17/2021 | 10-Q |
| 03/31/2021 | 05/21/2021 | 10-Q |
| 12/31/2020 | 02/22/2021 | 10-Q |
| 09/30/2020 | 01/15/2021 | 10-K |
| 06/30/2020 | 08/12/2020 | 10-Q |
| 03/31/2020 | 06/26/2020 | 10-Q |
| 12/31/2019 | 02/11/2020 | 10-Q |
| 09/30/2019 | 12/20/2019 | 10-K |
Insider Activity
Updated 5/22/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Flanigan, James II | Chief Executive Officer | Direct | Buy | 5222026 | 31.46 | 76 | 2,391 | 30,895,985 | Form |
| 2 | Flanigan, James II | Chief Executive Officer | Direct | Buy | 5222026 | 31.76 | 1,899 | 60,306 | 31,247,686 | Form |
| 3 | Flanigan, James II | Chief Executive Officer | Direct | Buy | 5222026 | 30.00 | 25 | 750 | 29,519,880 | Form |
| 4 | Flanigan, James II | CEO, President | Direct | Buy | 1022026 | 30.00 | 866 | 25,980 | 29,429,880 | Form |
| 5 | Flanigan, James II | CEO, President | Direct | Buy | 1022026 | 29.89 | 1,000 | 29,886 | 29,347,481 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Flanigan, James II | Chief Executive Officer | Direct | Buy | 5222026 | 31.46 | 76 | 2,391 | 30,895,985 | Form |
| 2 | Flanigan, James II | Chief Executive Officer | Direct | Buy | 5222026 | 31.76 | 1,899 | 60,306 | 31,247,686 | Form |
| 3 | Flanigan, James II | Chief Executive Officer | Direct | Buy | 5222026 | 30.00 | 25 | 750 | 29,519,880 | Form |
| 4 | Flanigan, James II | CEO, President | Direct | Buy | 1022026 | 30.00 | 866 | 25,980 | 29,429,880 | Form |
| 5 | Flanigan, James II | CEO, President | Direct | Buy | 1022026 | 29.89 | 1,000 | 29,886 | 29,347,481 | Form |
| 6 | Flanigan, James II | COO, President | Direct | Buy | 5292025 | 25.39 | 10,940 | 277,776 | 24,886,354 | Form |
| 7 | Bucci, August | Chief Operating Off. | Direct | Buy | 5292025 | 26.73 | 2,000 | 53,460 | 122,958 | Form |
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Restaurants Resources |
| Nation's Restaurant News |
| Restaurant Business |
| QSR Magazine |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.