Good times at Good Times Burgers & Frozen Yogurt in Q3

Good Times Burgers & Frozen Custard has wrapped up another quarter of same-store sales increases for Q3, according to parent company, Good Times Restaurants Inc., which said its Bad Daddy's full-service concept also made gains, though not as substantial. 

For the regional QSR in the brand family same-store sales grew 3.8 percent for the period ending on June  26, a news release said. 

"We saw our sixth consecutive quarter of positive same-store sales at Good Times, which are in-line with our guidance," President and CEO Boyd Hoback, said in the release. "On a two-year stack, Good Times' increase in same-store sales again exceeded 7.0 percent. "We are lapping the introduction of our West Coast Double Cheeseburger and Combo at price points of $3 and $5, respectively, from last year that drove excellent sales gains, so we are very pleased with our results this year after increasing the West Coast burger and combo prices last fall."

The primarily Colorado chain has 36 restaurants. Bad Daddy's has 29 locations and sales grew 0.5 percent in Q3. 

Topics: Burger/Steak/BBQ, Business Strategy and Profitability, Financial News

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