Gourmet Group, Inc. (OTCBB:GOUG) today reported financial results for its third quarter 2001, ended March 31, 2001, and commented on its business outlook and related corporate matters. GOUG reported an unaudited basic per share operating loss of $.003 (or a total of $93,812), compared to a per share operating loss of $.012 (or a total loss of $277,894) for the comparable three month period ended March 31, 2000.