8-K

UNITED STATESSECURITIES 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) January 10, 2008


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

NA(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 (17 CFR 240.14d-2(b))

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

Item 8.01     Other Events.

On  January 10, 2008,  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 January 10, 2008

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:	January 10, 2008
		GOLDEN ENTERPRISES, INC.
		By:	/s/ Patty Townsend
			Patty Townsend
			Vice President, CFO & Secretary

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated January 10, 2008

EX-99.1

Exhibit 99.1

Golden Enterprises, Inc. Releases 2nd Quarter Earnings

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Golden Enterprises, Inc.’s (NASDAQ: GLDC) Board of Directors today declared a quarterly dividend of $.03125 per share payable January 30, 2008 to stockholders of record on January 21, 2008.

Golden Enterprises, Inc.’s basic and diluted income per share for the thirteen weeks ended November 30, 2007 was $.02 compared to $(.02) for the thirteen weeks ended December 1, 2006 on net sales of $27,504,759 versus $26,596,212, an increase of 3% compared to 2006. Golden Flake continues to increase sales in existing markets, while constantly seeking new areas of growth throughout the region.

Selling, general and administrative expenses increased $230,398 for the thirteen weeks ended and $112,256 for the twenty-six week period. Looking forward, the company expects sales to continue to increase, but commodity prices are projected to reach record highs which will continue to have an effect on both manufacturing and distribution costs. The Company was also impacted by incremental costs associated with meeting the new requirements under the Sarbanes-Oxley regulations.

For the twenty-six weeks ended November 30, 2007, total net sales were $55,898,987, up 3% compared to $54,421,150 last year. The basic and diluted income per share was $.09 compared to $.00 last year. Net income increased $434,453 for the thirteen weeks ended, and $1,056,603 for the twenty six week period. A contributing factor to the increase is a decrease in cost of sales by $285,342 or 1% for the twenty-six week period.

In November 2007, Golden Flake introduced a new energy loaded baked potato flavor, “Overload”, to enhance its portfolio of quality snack products. Golden Flake provides consumers an alternative snack choice in the escalating energy food market. The Company expects this flavor to compliment the “Phoenix Fury” NRG Potato Chip that was introduced in August 2007.

The following is a summary of net sales and income information for the thirteen weeks and twenty-six weeks ended November 30, 2007 and December 1, 2006.

		Thirteen Weeks Ended					Twenty-Six Weeks Ended
		November 30,		December 1,			November 30,		December 1,
		2007		2006			2007		2006
Net sales	$	27,504,759	$	26,596,212		$	55,898,987	$	54,421,150
Income before income taxes		343,540		(378,973	)		1,678,577		(29,938	)
Income taxes		148,215		(139,845	)		640,879		(11,033	)
Net income	$	195,325	$	(239,128	)	$	1,037,698	$	(18,905	)
Basic and diluted income per share	$	0.02	$	(0.02	)	$	0.09	$	0.00
Basic weighted shares outstanding		11,825,742		11,835,330			11,830,515		11,835,330
Diluted weighted shares outstanding		11,825,742		11,835,330			11,830,515		11,835,330

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.

CONTACT:
Golden Enterprises, Inc.
Patty Townsend, 205-458-7132