|Day's Range||3.35 - 3.45|
|52 Week Range||2.80 - 4.34|
|PE Ratio (TTM)||-47.89|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Good Times Restaurants Inc., operator of two burger chains, will soon have a new chief financial officer. Zink comes to Good Times from Invista, a Wichita-based subsidiary of Koch Industries Inc., where he most recently was corporate finance director and reporting leader. Previously he was an executive with F&H Acquisition Corp., parent of the Fox and Hound and Champps restaurant chains, where he worked with Zielke.
Good Times Restaurants Inc. (GTIM) reversed about 18 months of frustration Wednesday, announcing that same-store sales at its flagship quick-service restaurant chain rose 3.7 percent during the quarter that ended on June 27. Same-store sales as recently as May were down 1.1 percent across all segments of the restaurant industry, and there has not been an across-the-board growth in comparable sales since February 2016, according to industry analyst TDn2K. Hoback credited the lower-priced burgers but also noted an upward trend in sequential improvement that’s been developing slowly even as comparable sales have been down overall.
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