Good Times Restaurants (GTIM) Misses Q1 EPS by 4c

Good Times Restaurants (NASDAQ: GTIM) reported Q1 EPS of ($0.09), $0.04 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $13.8 million versus the consensus estimate of $14.17 million.

Same store sales for company-owned Good Times restaurants increased 4.8% for the quarter on top of last year’s increase of 8.0%, which makes twenty-two consecutive quarters of same store sales growth
Same store sales for company-owned Bad Daddy’s restaurants increased 6.5% for the quarter

GUIDANCE:

Good Times Restaurants sees FY2016 revenue of $67-69 million.

For earnings history and earnings-related data on Good Times Restaurants (GTIM) click here.

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