06.01.2016 13:40:56
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Good Times Q1 Same Store Sales Rise 4.8% - Quick Facts
(RTTNews) - Good Times Restaurants Inc. (GTIM), operator of Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar today announced that its Good Times' same store sales increased 4.8 percent in its first fiscal quarter ended December 31, 2015 over the prior year's growth of 8.0 percent. The company's three year compound increase in same store sales was 31.9 percent.
The company reported that its Bad Daddy's same store sales also increased 6.5 percent during the quarter.
Boyd Hoback, President & CEO, said, "We are very pleased with our first quarter sales at both brands and continuing our cumulative three year trend of over 30 percent at Good Times, particularly in light of the weather impact on Good Times' sales in November and December...Bad Daddy's had a very strong quarter versus our goal of low single digit comp sales for fiscal 2016, with particularly strong results in December."
The company opened three new Bad Daddy's since the beginning of the fiscal year and will report initial sales results further into the second quarter.
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