Brief: Good Times Restaurants Q4 same store sales decreased 1.2 pct

Good Times Restaurants

08/12/2016 21:05

Dec 8 (Reuters) - Good Times Restaurants Inc  GTIM.O :  
    * Good Times Restaurants reports Q4 and fiscal year end 
results 
    * Total revenues increased 40 pct to $17.2 million for 
quarter 
    * Same store sales for company-owned Good Times Restaurants 
decreased 1.2 pct for quarter 
    * Qtrly loss per share $0.01 
    * Good Times Restaurants Inc - for FY 2017 total adjusted 
EBITDA of approximately $4.5 million to $5.0 million 
    * Good Times Restaurants Inc - sees FY 2017 the opening of 9 
to 11 new bad daddy's restaurants and 1 new good times 
restaurant 
    * Sees 2017 total revenues of about $80 million to $82 
million with a year-end revenue run rate of about $94 million to 
$98 million 
    * Good Times Restaurants Inc - for FY 2017 capital 
expenditures  of about $14.7 million including about $2.0 
million related to fiscal 2018 development 
 
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