Good Times

Stocks Dip in 2014

Despite high-profile IPOs, quick-service stocks performed worse than overall market in 2014.
Quick service companies saw stocks fall in 2014 but could rebound with Shake Shack IPO.
Shake Shack, expected to file its IPO on Friday, could help limited-service stocks climb back from a down 2014.

After outperforming Wall Street the past few years, the stock prices of restaurant companies with quick-service concepts finished a bit worse than the overall market in 2014.

Slightly more than half of limited-service dining companies’ stocks were bested by the Standard & Poor’s 500 index last year. A dozen companies, including quick-service giants McDonald’s and Yum! Brands, saw their equity prices decline during the period. The S&P 500 gained 11.4 percent, but its restaurant sector index rose just 4.3 percent.

Good Times’ Double-Digit Sales Growth Continues

Good Times Restaurants Inc. announced its same-store sales increased 17.9 percent for the month of July, its fourth consecutive month of double-digit increases.

 

“Our goal is to continue to compound our year-over-year sales increases at Good Times and optimize the profit flow-through on those incremental sales as we ramp up for additional new unit growth in company-owned and franchised restaurants in the Bad Daddy’s Burger Bar concept,” says Boyd Hoback, president and CEO.

Good Times Goes All Natural with New Chicken Platform

Good Times Restaurants announced it is rolling out a new chicken platform in February and March based on Springer Mountain Farms’ antibiotic-free, hormone-free, responsibly raised chicken tenderloins that will be hand breaded daily in each of its restaurants.

The company said that the move will make Good Times the only quick-service restaurant in its market that serves all-natural, responsibly raised beef and chicken that is hormone free and antibiotic free, with no pesticides or animal byproducts in the feed.