Good Times Restaurants (GTIM) Tops Q2 EPS by 2c

Good Times Restaurants (NASDAQ: GTIM) reported Q2 EPS of ($0.05), $0.02 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $15.32 million versus the consensus estimate of $15.58 million.

• Same store sales for company-owned Good Times restaurants increased 0.5% for the quarter and 2.6% for the year on top of last year’s increase of 8.3% for the quarter and 8.1% for the year, which makes twenty-three consecutive quarters of same store sales growth
• Same store sales for company-owned Bad Daddy’s restaurants increased 1.9% for the quarter and 4.0% for the year

GUIDANCE:

Good Times Restaurants sees FY2016 revenue of $66-67 million.

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

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