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Good Times posts larger losses

But the chain updated its fiscal year projections, which appeared to cheer investors.
Good Times said it plans on expanding its Bad Daddy's Burger Bar concept to additional states.

Good Times Restaurants Inc. reported its fourth-quarter and fiscal year losses grew from last year.

But the chain updated its fiscal year projections, which appeared to cheer investors.

The Lakewood hamburger chain reported a fourth-quarter loss of $664,000, or a loss of 5 cents per share, compared with a loss of $71,000, or a loss of 1 cent per share a year earlier.

Revenues in the quarter rose to $22.6 million from $17.2 million in 2016.

Read more at the Denver Business Journal: http://bit.ly/2kczdR5

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