Good Times Restaurants Q3 Comps. Up 12.5% - Quick Facts

(RTTNews) - Good Times Restaurants Inc. (GTIM) reported that its same store sales increased 12.5% in the third quarter ending June 30, 2014. June same store sales increased 10.6%.

The company reiterated that it expects to open one or two additional Good Times restaurants in the current calendar year and its second Bad Daddy's Burger Bar restaurant in Colorado on or about July 28 and is planning a third Bad Daddy's to open prior to the end of the calendar year.

The company also reported that three large shareholders have, with the company's concurrence, exercised their contractual rights arising from their acquisition of the shares to request that their shares be registered for possible future sale. The company is cooperating with the requests and the shareholders have not communicated any specific plan for the sale of the shares following the registration, Good Times Restaurants said.