0001157523-13-000108.txt : 20130110 0001157523-13-000108.hdr.sgml : 20130110 20130110115911 ACCESSION NUMBER: 0001157523-13-000108 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130110 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130110 DATE AS OF CHANGE: 20130110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDEN ENTERPRISES INC CENTRAL INDEX KEY: 0000042228 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS [2090] IRS NUMBER: 630250005 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-04339 FILM NUMBER: 13522139 BUSINESS ADDRESS: STREET 1: ONE GOLDEN FLAKE DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35205 BUSINESS PHONE: 205 323 6161 MAIL ADDRESS: STREET 1: ONE GOLDEN FLAKE DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35205 FORMER COMPANY: FORMER CONFORMED NAME: GOLDEN FLAKE INC DATE OF NAME CHANGE: 19761019 FORMER COMPANY: FORMER CONFORMED NAME: MAGIC CITY FOOD PRODUCTS INC DATE OF NAME CHANGE: 19700805 8-K 1 a50527904.htm GOLDEN ENTERPRISES, INC. 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) January 10, 2013




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 10, 2013 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, 2013

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, 2013

 

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, 2013

EX-99.1 2 a50527904ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Golden Enterprises Announces Quarterly Results

BIRMINGHAM, Ala.--(BUSINESS WIRE)--January 10, 2013--Golden Enterprises, Inc.’s (NASDAQ: GLDC) Board of Directors today declared a quarterly dividend of $.0313 per share payable January 30, 2013 to stockholders of record on January 21, 2013.

Golden Enterprises, Inc.’s basic and diluted income per share for the thirteen weeks ended November 30, 2012 was $.04, unchanged from the thirteen weeks ended December 02, 2011. Net sales for the quarter were basically even at $33,208,620 compared to the same quarter of 2011.

For the twenty-six weeks ended November 30, 2012 total net sales were $67,892,075, up 2% compared to the same period last year. Basic and diluted income per share was $.10 for the twenty-six week periods ending November 30, 2012 and December 2, 2011.

The following is a summary of net sales and income information for the thirteen weeks and twenty-six weeks ended November 30, 2012 and December 02, 2011.

    Thirteen Weeks Ended     Twenty-Six Weeks Ended
November 30,     December 2,     November 30,     December 2,
2012     2011     2012     2011
Net sales $ 33,208,620 $ 33,230,663 $ 67,892,075 $ 66,475,853
 
Income before income taxes 894,992 727,972 2,069,294 1,846,799
Income taxes   452,735   275,887   959,901   695,143
Net income $ 442,257 $ 452,085 $ 1,112,393 $ 1,151,656
 

Basic and diluted income per share

$ 0.04 $ 0.04 $ 0.10 $ 0.10
 

Basic and diluted weighted shares outstanding

  11,734,061   11,734,632   11,734,346   11,734,632
 

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