Were there any notable one‑time items or accounting adjustments that impacted earnings?

Answer – One‑time items & accounting adjustments

The brief press‑release for Flanigan’s (“BDL”) does not call out any material one‑time charges, gains or accounting adjustments that materially altered the reported earnings for either the 13‑week or 39‑week periods. In other words, the company’s earnings release appears to be driven primarily by the underlying performance of its restaurant and retail liquor segments rather than by atypical items such as asset write‑downs, restructuring charges, or significant non‑recurring gains.

Trading implications

Because the earnings narrative is largely “core‑business” driven, the results are likely a cleaner signal of the company’s operational trends. Investors should therefore treat the reported earnings as a true reflection of the business’s health and look at the same‑store sales trends, margin evolution and cash‑flow generation for valuation and price‑target adjustments. In the absence of a one‑time drag, any earnings beat or miss will be more directly attributed to organic growth or margin pressure, which makes the stock’s price reaction more meaningful for short‑term positioning. If the earnings beat is confirmed and the company continues to beat consensus without relying on non‑recurring items, a modest long‑position or “buy‑on‑dip” could be justified, especially if the technicals (e.g., trading above the 20‑day EMA and holding near the 50‑day moving average) support a bullish stance. Conversely, if the market had priced in a one‑time benefit that isn’t present, the stock could be vulnerable to a pull‑back. Monitoring the full 8‑K filing for any disclosed adjustments is essential before taking a definitive position.