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 6, 2011




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 (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 6, 2011 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 6, 2011

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 6, 2011
		GOLDEN ENTERPRISES, INC.
		By:	/s/ Patty Townsend
			Patty Townsend
			Vice President, CFO & Secretary

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated January 6, 2011

EX-99.1

Exhibit 99.1

Golden Enterprises Announces Quarterly Results

BIRMINGHAM, Ala.--(BUSINESS WIRE)--January 6, 2011--Golden Enterprises, Inc.’s (NASDAQ: GLDC) Board of Directors today declared a quarterly dividend of $.03125 per share payable January 26, 2011 to stockholders of record on January 14, 2011.

Golden Enterprises, Inc.’s basic and diluted income per share for the thirteen weeks ended November 26, 2010 was $.05 compared to $.06 for the thirteen weeks ended November 27, 2009. Net sales for the quarter were $30,910,393 down 1.7% from the comparable period in fiscal 2010. The Company maintained healthy earnings in the second quarter, despite a more cautious grocery consumer.

For the twenty-six weeks ended November 26, 2010, total net sales were $62,866,477 down 1.8% compared to last year. The basic and diluted income per share was $.14 compared to $.15 last year.

As we begin the third quarter, we are aware of the challenges ahead as we see rising energy and commodity cost. However, we will continue to provide quality snacks for our consumers at a competitive price throughout our marketing area.

The following is a summary of net sales and income information for the thirteen weeks and twenty-six weeks ended November 26, 2010 and November 27, 2009.

		Thirteen Weeks Ended				Twenty-Six Weeks Ended
		November 26,		November 27,		November 26,		November 27,
		2010		2009		2010		2009
Net sales	$	30,910,393	$	31,452,068	$	62,866,477	$	64,044,230
Income before income taxes		872,620		1,015,309		2,605,959		2,677,244
Income taxes		330,959		331,301		984,159		953,352
Net income	$	541,661	$	684,008	$	1,621,800	$	1,723,892
Basic and diluted income per share	$	0.05	$	0.06	$	0.14	$	0.15
Basic weighted shares outstanding		11,734,632		11,746,632		11,737,203		11,746,632
Diluted weighted shares outstanding		11,734,632		11,746,632		11,737,203		11,746,632

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