Welcome to our dedicated page for Good Times Restaurants news (Ticker: GTIM), a resource for investors and traders seeking the latest updates and insights on Good Times Restaurants stock.
Good Times Restaurants Inc. (Nasdaq: GTIM) is the operator of the Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard restaurant brands. Its news flow is centered on financial results, restaurant performance and operational updates for these two concepts. Earnings releases regularly discuss restaurant sales, same store sales trends, restaurant-level operating profit and Adjusted EBITDA, giving investors and followers insight into how the full-service and quick-service brands are performing.
News about Bad Daddy’s Burger Bar often highlights comparable sales performance, restaurant-level margins and menu initiatives. Company commentary has referenced chef-driven gourmet burgers, promotional items and menu engineering, as well as experiments with pricing structures and marketing channels such as streaming video and connected TV advertising. Updates may also cover restaurant openings, closures and changes in restaurant counts by period.
Coverage related to Good Times Burgers & Frozen Custard focuses on its role as a regional quick-service concept primarily in Colorado. News releases describe same store sales trends, remodel programs, brand campaigns that emphasize Colorado roots and efforts to adjust media mixes and promotions in response to competitive discounting in the quick-service space.
In addition to brand-level updates, Good Times Restaurants Inc. issues news on share repurchase activity, credit agreement amendments and non-GAAP performance measures. Regular announcements of quarterly and annual earnings calls provide schedules and access details for investors. This news page aggregates those releases so readers can follow GTIM’s restaurant sales trends, brand strategies, capital allocation decisions and key financial metrics over time.
Good Times Restaurants Inc. (GTIM) reported its fiscal Q4 and full-year 2024 results, showing a 3.0% increase in total revenues to $142.3 million. Bad Daddy's restaurants saw a 3.2% same-store sales increase in Q4 but a 1.2% decrease for the full year, with total restaurant sales reaching $103.5 million. Good Times restaurants experienced a 0.1% same-store sales decrease in Q4 but a 2.9% increase for the year, with sales of $38.0 million.
The company reported Net Income Attributable to Common Shareholders of $0.2 million for Q4 and $1.6 million for the fiscal year. Adjusted EBITDA was $1.3 million for Q4 and $5.4 million for the year. The company expanded its share repurchase program by $2 million to $7 million total, having already purchased approximately $4.8 million in shares.
Good Times Restaurants (Nasdaq: GTIM), which operates Bad Daddy's Burger Bar and Good Times Burgers & Frozen Custard, has scheduled a conference call for December 12, 2024, at 5:00 p.m. ET to discuss their fourth quarter and fiscal 2024 financial results. The call will be led by CEO Ryan M. Zink and Senior VP of Finance and Accounting Keri A. August. A press release containing financial results will be issued before the call. Investors can join via phone at (888) 210-2831 (Conference ID 3024033) or through a webcast on the company's investor relations website.
Good Times Restaurants Inc. (NASDAQ: GTIM) has acquired two Good Times Burgers & Frozen Custard locations in Broomfield and Northglenn, Colorado from a franchisee. The restaurants underwent a brief two-day closure for upgrades, including new digital menu boards and next-generation point-of-sale systems. The company plans to remodel these locations within the next 18-24 months as part of their system refresh initiative.
Good Times Restaurants Inc. (Nasdaq: GTIM) reported mixed same store sales results for its fourth fiscal quarter ended September 24, 2024. The Good Times brand experienced a 0.1% decrease in same store sales, while the Bad Daddy's brand saw a 3.2% increase compared to the prior-year fiscal quarter.
For the entire 2024 fiscal year, Good Times brand's same store sales increased by 2.9%, while Bad Daddy's brand decreased by 1.2% compared to the previous fiscal year. CEO Ryan Zink noted that the Good Times brand faced challenges due to deep discounting in the quick-service sector. The company plans to focus on promoting its Bambinos sliders and introduce a -time Bambino Supremo three-pack in November. Bad Daddy's performance improved towards the end of the fiscal year, attributed to a focus on basic operations and relevant -time offers.
Good Times Restaurants (Nasdaq: GTIM) reported its Q3 2024 results with a 6.5% increase in total revenues to $37.9 million compared to Q3 2023.
Same Store Sales saw a growth of 1.2% for Bad Daddy’s and 5.8% for Good Times compared to the same quarter last year. The company reported a net income of $1.3 million and ended the quarter with $4.8 million in cash and $0.8 million in borrowings.
Good Times also repurchased 263,516 shares of its common stock. Key developments included the completion of a significant remodel, the rollout of a new point-of-sale system in multiple locations, and the acquisition and improvement of a franchisee-owned restaurant in Parker, Colorado.
CEO Ryan M. Zink highlighted the strong performance of both brands, new product introductions, and continued operational improvements, including a multi-faceted approach to creating value for shareholders through reinvestments and share repurchases.
Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy's Burger Bar and Good Times Burgers & Frozen Custard, has announced a conference call to discuss its third fiscal quarter 2024 financial results. The call is scheduled for August 1, 2024, at 5:00 p.m. ET. CEO Ryan M. Zink and Senior VP of Finance and Accounting Keri A. August will host the call. A press release with financial results will be issued before the call. Investors can access the call by dialing (888) 210-2831 with Conference ID 3024033 or via webcast on the company's investor relations website. An archive of the webcast will be available shortly after the call concludes.
Good Times Restaurants (Nasdaq: GTIM) reported a 5.8% increase in same store sales for its Good Times brand and a 1.2% increase for its Bad Daddy’s brand for the third fiscal quarter ending June 25, 2024. Average weekly sales were $31,780 for Good Times and $52,555 for Bad Daddy’s. CEO Ryan Zink highlighted the strength of the Good Times brand, the successful remodel of a Lakewood, Colorado restaurant, and the acquisition of a restaurant in Parker, Colorado. The company has also implemented a new point-of-sale system in eleven of its twenty-six Good Times locations. Zink emphasized the company's strategy of reinvesting in existing restaurants, cautious new-unit development, and returning capital to shareholders through share repurchases.
Good Times Restaurants (NASDAQ: GTIM) announced the acquisition of a Good Times Burgers & Frozen Custard location in Parker, Colorado on May 22, 2024. The company plans to implement extensive renovations including resurfacing the parking lot, installing a digital menu package and point-of-sale system, updating signage, and refreshing landscaping. Additional exterior upgrades will include new awnings, patio umbrellas, lighting, and paint. Company President Ryan Zink noted the expansion of operating hours and emphasized the importance of continuing the legacy built by the previous franchisee, John Felton, who has been a valuable partner.
Good Times Restaurants Inc. (Nasdaq: GTIM) reported financial results for the 2024 second fiscal quarter, showing a 1.9% increase in Total Revenues to $35.4 million, with a 3.2% decrease in Same Store Sales for Bad Daddy's and a 0.9% increase for Good Times. Net Income Attributable to Common Shareholders was $0.6 million. The Company ended the quarter with $4.0 million in cash and $1.3 million of long-term debt. The company also repurchased 252,496 shares of its common stock.
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