News

Good Times turns in 22-percent, 2-year sales growth

December 4, 2013

Good Times Restaurants Inc. this week announced that its same-store sales for its Good Times restaurants increased 14.1 percent for the month of November on top of an 8.4-percent same-store sales increase in the prior year.

November marked the Colorado-based QSR's eighth consecutive month of double-digit same-store increases.

"We are beginning to lap our sales comps from the prior year that include the introduction of breakfast, which was fully implemented by the end of November 2012," said CEO Boyd Hoback.

Breakfast sales made up approximately 6 percent of sales in November and are nearly 10 percent on the year.

"We continue to see growth in our core menu sales and overall transactions. Importantly, we are seeing increased flow through to our bottom line and expect that our first fiscal quarter profitability for our core Good Times business will be significantly improved over prior year, as we invest in the preopening and ramp up for the growth of Bad Daddy's Burger Bar," Hoback added.

The company also said that it is on track to open its first Bad Daddy's Burger Bar in Colorado in January with additional sites in the pipeline for 2014 development.

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