January 8, 2014
Good Times Restaurants Inc. announced that its same-store sales increased 17.4 percent for Q1. This marks the 14th consecutive quarter of same-store sales increases, representing a 22.6 percent increase over two years ago.
In a news release, the company also reported that same-store sales increased 12.3 percent for the month of December on top of a 12.8 percent same-store sales increase in the prior year.
"Breakfast sales totaled approximately 7.9 percent of sales during the month last year and are still running just shy of 10 percent this year, so we continue to see significant growth in our core menu sales, most of which is coming from increased transactions and not average check or pricing," said Boyd Hoback, president and CEO.
The company also plans to open its first Bad Daddy's Burger Bar in Cherry Creek North in Denver on Feb. 3, with additional sites in the pipeline for 2014 development. There are currently seven Bad Daddy's units open in North and South Carolina, as well as a licensed restaurant in the Charlotte, N.C., airport.
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