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News Breaks
June 3, 2014
09:03 EDTGTIMGood Times Restaurants reports May SSS up 12.6%
The company reiterated that it will continue to report monthly same store sales only so long as they are material. Boyd Hoback, President & CEO said, "There’s been no moderation of our sales increase trend yet, but I want to reiterate that our pace of increases will inevitably begin to flatten out. However, we have successfully established a much higher foundation of sales and significant expansion in our restaurant profit margins with over fifteen consecutive quarters of same store sales increases. I wish I could point to one driver of our sales increases, but it continues to be the cumulative effect of driving our overall brand position initiatives deeper combined with a high level of execution and upgrading our graphics and building standards to a consistent level."
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December 10, 2014
09:06 EDTGTIMGood Times Restaurants price target raised to $8.50 from $7.50 at Roth Capital
Roth Capital increased its price target on Good Times after the company reported higher than expected revenue but lower than expected EPS. The firm expects the company to become profitable in FY15 and predicts that its earnings will grow rapidly going forward. Roth reiterates a Buy rating on the shares.
December 8, 2014
18:24 EDTGTIMOn The Fly: After Hours Movers
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16:31 EDTGTIMGood Times Restaurants reports Q4 EPS (2c), consensus 0c
Reports Q4 revenue $8.3M, consensus $7.96M. Same store sales for company-owned Good Times restaurants increased 11.9% for the quarter on top of last year’s increase of 18.2%, which was the seventeenth consecutive quarter of increasing same store sales

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