8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 14, 2016

GOLDEN ENTERPRISES, INC.

(Exact name of registrant as specified in its charter)

DELAWARE	0-4339	63-0250005
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer ID No.)

One Golden Flake Drive, Birmingham, Alabama	35205
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (205) 458-7316

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))

Item 8.01         Other Events

On July 14, 2016 the Company issued a press release, a copy of which is included with this Report as Exhibit 99.1.

Item 9.01          Financial Statements and Exhibits

(c) Exhibits.

Exhibit No.	Description
99.1	Press Release dated July 14, 2016

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 14, 2016

GOLDEN ENTERPRISES, INC.
By:	/s/ Patty Townsend
	Patty Townsend
	Vice President, CFO & Secretary

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated July 14, 2016

EX-99.1

Exhibit 99.1

Golden Enterprises Announces Quarterly and Annual Results

BIRMINGHAM, Ala., July 14, 2016 /PRNewswire/ -- Golden Enterprises, Inc.'s Board of Directors today declared a quarterly dividend of $.03375 per share payable August 3, 2016 to stockholders of record on July 25, 2016.

Golden Enterprises, Inc.'s basic and diluted income per share for the thirteen weeks ended June 3, 2016 was $.08 compared to $.06 for the thirteen weeks ended May 29, 2015. Net sales increased 3% for the fourth quarter and were $34,953,775 compared to $34,048,700 for the same period last year.

For the 53 weeks ended June 3, 2016, basic and diluted income per share was $.28 per share compared to $.15 per share in the 52 weeks ended May 29, 2015. Increased income per share of $.13 this year was achieved through improvements in manufacturing margins, increase in operating income of $1.7 million and reductions in interest expense.

Fiscal year 2016 was a year of strategic growth with increased net sales and reduced commodity prices, which is reflected in the increase of $1.4 million in net income. Your Company is positioned to achieve our mission "Consistently satisfy the expectations of our consumers, customers, employees, & stockholders by producing & selling quality snacks."

The following is a summary of net sales and income information for the thirteen and fifty-three weeks ended June 3, 2016 and the thirteen and fifty-two weeks ended May 29, 2015.

	Three Months Ended			Twelve Months Ended
	Thirteen Weeks Ended			53 Weeks Ended	52 Weeks Ended
		June 3, 2016	May 29, 2015	June 3, 2016	May 29, 2015
Net Sales		$ 34,953,775	$ 34,048,700	$135,870,580	$131,724,721
Income before income taxes		1,059,556	1,090,834	4,694,077	3,066,430
Income taxes		98,357	397,469	1,509,274	1,292,589
Net income		961,199	693,365	3,184,803	1,773,841
Basic and diluted income per   share		$            0.08	$            0.06	$            0.28	$            0.15
Basic weighted shares
outstanding		11,291,757	11,291,757	11,291,757	11,552,164
Diluted weighted shares
outstanding		11,348,626	11,291,757	11,307,497	11,552,164

This News Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Actual results could differ materially from those forward-looking statements.  Factors that may cause actual results to differ materially include price competition, industry consolidation, raw material costs and effectiveness of sales and marketing activities, as described in the Company's filings with the Securities and Exchange Commission.

Logo - http://photos.prnewswire.com/prnh/20150901/262827LOGO

CONTACT: Patty Townsend, 205-458-7132