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Good Times Restaurants Inc. 10-Q Filings

GTIM NASDAQ

Every 10-Q that Good Times Restaurants Inc. (GTIM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow GTIM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GTIM filings page.

Rhea-AI Summary

Good Times Restaurants Inc. reported lower sales but stronger profitability for the quarter ended June 30, 2026. Net revenues fell 5.0% to $35,167,000, yet net income attributable to common shareholders rose to $1,907,000, or $0.18 per diluted share, up from $0.14 a year earlier. Year-to-date, revenues declined 6.1% to $101,105,000 while net income attributable to common shareholders more than doubled to $2,237,000, or $0.21 per diluted share.

Margin improvement came from lower food and packaging and labor ratios, reduced depreciation, lower general and administrative costs, and a $489,000 net gain on lease terminations and asset disposals, partly offset by higher advertising spend and modest impairment charges. Adjusted EBITDA increased to $2,454,000 for the quarter and $5,081,000 year-to-date. Operating cash flow strengthened to $3,698,000 year-to-date, and cash reached $3,597,000, with an undrawn $8,000,000 revolving credit facility and $7,990,000 of availability.

Same store sales were mixed: Bad Daddy’s decreased 2.3% in the quarter and 1.5% year-to-date, while Good Times increased 0.6% in the quarter but decreased 1.0% year-to-date. As of June 30, 2026, the company operated, franchised, or licensed 37 Bad Daddy’s and 28 Good Times restaurants and reported a working capital deficit of $7,649,000, which management expects to manage through existing cash and credit capacity.

Rhea-AI Summary

Good Times Restaurants Inc. reported a modest return to profitability for the quarter ended March 31, 2026. Net revenues fell 3.1% to $33.2 million, but cost controls and lower impairments lifted net income attributable to common shareholders to $0.1 million, or $0.01 per diluted share, from a loss a year ago.

Same store sales declined 0.8% at both Bad Daddy’s and Good Times, as traffic softness and promotions outweighed small menu price increases. Year-to-date, revenue declined 6.6% to $65.9 million, but net income improved to $0.4 million, with EBITDA and operating cash flow stronger and leverage kept relatively low under the Cadence Credit Facility.

Rhea-AI Summary

Good Times Restaurants Inc. reported net revenues of $32.7 million for the quarter ended December 30, 2025, down about 10% from the prior-year quarter, mainly because last year’s quarter had an extra week and several Bad Daddy’s locations were closed.

Bad Daddy’s sales were $23.2 million and Good Times sales were $9.2 million. Despite lower sales, tighter cost control lifted income from operations to $0.3 million, and net income attributable to common shareholders edged up to $0.2 million, or $0.02 per diluted share.

Cash and cash equivalents increased to $3.3 million, and operating cash flow improved to $1.4 million versus a use of cash a year earlier. The company ended the quarter with $1.5 million drawn on its $8.0 million Cadence revolving credit facility and continued to carry significant lease obligations tied to its restaurant portfolio.

Same-store sales declined 1.2% at Bad Daddy’s and 3.1% at Good Times, reflecting softer traffic and competitive pressure, partly offset by modest menu price increases. Management highlighted ongoing inflation in wages and beef costs but believes existing cash, cash generation, and available credit capacity will cover working capital and routine capital spending needs in fiscal 2026.