Good Times reports solid 2006

GOLDEN, Colo. — Good Times Restaurants Inc. announced the results of their fourth quarter and fiscal year, ended Sept. 30, 2006.

 

The company reported a net income of $212,000 in the fourth quarter, up from $3,000 in 4Q '06; and $17,000 net income for the fiscal year, up from a $418,000 loss (prior to imputed preferred dividends) last year.

 

Total revenues for the year increased to $20 million, up from $17 million in FY '06.

 

Same store sales increased 0.9 percent for the year.