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Good Times Restaurants Inc. - GTIM STOCK NEWS

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. (symbol: GTIM) is a prominent player in the restaurant industry, known for its diverse and high-quality offerings. The company owns, operates, and franchises two distinct restaurant brands: Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar.

Good Times Burgers & Frozen Custard operates primarily in Colorado and Wyoming. This quick service restaurant chain is celebrated for its fresh, high-quality hamburgers made with Meyer all-natural, all-Angus beef, and Springer Mountain Farms all-natural hand-breaded chicken. The menu also boasts signature wild fries, beer-battered onion rings, and a variety of frozen custard flavors, including hand-spun shakes and spoonbenders.

Bad Daddy's Burger Bar began its journey in North Carolina and has since expanded to South Carolina, Tennessee, and Colorado. This brand is a chef-driven burger joint that prides itself on using a mix of local and artisanal ingredients to create extraordinary burgers.

Good Times Restaurants Inc. operates through two segments: the quick-service drive-through dining industry under the Good Times Burgers & Frozen Custard brand, and the full-service upscale casual dining industry under the Bad Daddy's Burger Bar brand. The company generates its maximum revenue from the Bad Daddy's Burger Bar segment.

The menu categories across both brands include burgers, chicken, kids' meals, breakfast options, frozen custard, sides, and drinks.

Recent achievements of Good Times Restaurants Inc. include expanding its geographical footprint, enhancing menu offerings, and forging new partnerships to ensure sustainable growth and customer satisfaction. The company continues to innovate and adapt to industry trends, maintaining a strong financial condition and a positive outlook for future expansion.

  • High-Quality Ingredients: Commitment to using all-natural beef and chicken.
  • Geographical Expansion: Growth into new states and regions.
  • Innovative Menu: Unique and proprietary food items that attract a broad customer base.
  • Segment Leadership: Leading revenue generation through Bad Daddy's Burger Bar.

Stay updated with the latest news and developments from Good Times Restaurants Inc. to understand their performance and strategic moves in the restaurant industry.

News

Good Times Restaurants Reports Second Fiscal Quarter Same Store Sales

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Good Times Restaurants Inc. (GTIM) reported a 0.9% increase in same store sales for its Good Times brand and a 3.2% decrease for its Bad Daddy’s brand compared to the prior year. Average weekly sales stood at $27,133 and $50,880 for Good Times and Bad Daddy’s, respectively, for the second fiscal quarter ending March 26, 2024. The company's President and CEO, Ryan Zink, highlighted the positive performance of the Good Times brand despite adverse weather conditions. He also noted the sequential improvement in Bad Daddy’s sales, with declines halved from the previous quarter. Zink attributed the success to strategic investments in both brands, focusing on modernizing Good Times and enhancing operational efficiency at Bad Daddy’s.
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Good Times Restaurants Reports Results for the 2024 First Fiscal Quarter Ending December 26, 2023

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Good Times Restaurants Inc. (GTIM) reported financial results for the 2024 first fiscal quarter, with a 0.8% decrease in total revenues to $33.1 million, a 6.2% decrease in same store sales for Bad Daddy’s restaurants, and a 4.1% increase in same store sales for Good Times restaurants. The net loss attributable to common shareholders was $0.6 million, and the adjusted EBITDA for the quarter was $0.3 million. The company ended the quarter with $3.5 million in cash and $1.3 million of long-term debt. Management highlighted investments in the Good Times brand, including remodels, digital menu boards, and mobile app enhancements, as well as efforts to improve operations and sales at Bad Daddy’s restaurants. The company's CEO also mentioned the favorable macro trends favoring the QSR segment over the casual dining segment, positioning the company well to capitalize on these cyclical changes.
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Good Times Restaurants to Release First Quarter Financial Results on January 31, 2024

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Good Times Restaurants Inc. (Nasdaq: GTIM) will host a conference call to discuss the first quarter financial results on January 31, 2024. The call will be led by CEO Ryan M. Zink and SVP Keri August. The call can be accessed via phone or webcast. A press release with financial results will be issued before the call.
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Good Times Restaurants Reports First Fiscal Quarter Same Store Sales

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Good Times Restaurants Inc. (Nasdaq: GTIM) reported a 4.1% increase in same store sales for its Good Times brand and a 6.2% decrease for its Bad Daddy’s brand for the first fiscal quarter ended December 26, 2023. Despite the challenges facing the Bad Daddy’s brand, the company is implementing strategies to drive sales growth and traffic, including launching drink specials, late night happy hour, and a new cocktail lineup. The company also plans to introduce new core menu items to expand the price range and enhance everyday value for customers.
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Good Times Restaurants Inc. Welcomes Keri August as Senior Vice President of Finance and Accounting

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Good Times Restaurants Inc. (Nasdaq: GTIM) announces the appointment of Keri August as Senior Vice President of Finance and Accounting. Ms. August, with over twenty-seven years of finance and accounting leadership experience, joins the company after serving as a consultant. She brings a proven track record of managing financial capabilities, especially in the restaurant industry. The company's President and CEO, Ryan Zink, expressed excitement about her appointment, highlighting her understanding of the company's financial nuances and alignment with the company's culture.
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Good Times Restaurants Reports Results for the Fourth Quarter and Fiscal Year Ended September 26, 2023

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Good Times Restaurants Inc. (GTIM) reported its financial results for the fiscal fourth quarter and fiscal year ended September 26, 2023. Total revenues decreased 0.1% to $138.1 million for the year. Total restaurant sales for company-owned Good Times restaurants increased to $9.5 million for the fourth quarter and $35.0 million for the year. Same store sales for company-owned Good Times restaurants increased 2.4% for the fourth quarter and 3.7% for the year. However, total restaurant sales for Bad Daddy’s restaurants decreased to $24.6 million for the fourth quarter and $102.2 million for the year, with same store sales decreasing 4.9% for the fourth quarter. Net loss attributable to common shareholders was $0.3 million for the fourth quarter, while net income attributable to common shareholders was $11.1 million for the year. Adjusted EBITDA was $1.1 million for the fourth quarter and $5.5 million for the year.
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Good Times Restaurants to Release Fourth Quarter Financial Results on December 14, 2023

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Good Times Restaurants Inc. (Nasdaq: GTIM) will host a conference call to discuss the Q4 and fiscal year 2023 financial results on December 14, 2023. The call will be hosted by CEO Ryan M. Zink and can be accessed via phone or webcast.
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Good Times Restaurants Reports Fourth Fiscal Quarter Same Store Sales

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Good Times Restaurants Inc. reports an increase in same store sales for its Good Times brand and a decrease for its Bad Daddy's brand in the fourth fiscal quarter.
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Good Times Restaurants Announces the Opening of Its Newest Bad Daddy’s Restaurant in Madison and the Purchase of a Good Times Location in Lafayette, Colorado

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Good Times Restaurants Inc. opens new Bad Daddy's location in Madison, Alabama and purchases Good Times Burgers & Frozen Custard location in Lafayette, Colorado.
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Good Times Restaurants Reports Results for the Third Fiscal Quarter Ending June 27, 2023

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FAQ

What is the current stock price of Good Times Restaurants (GTIM)?

The current stock price of Good Times Restaurants (GTIM) is $2.51 as of December 20, 2024.

What is the market cap of Good Times Restaurants (GTIM)?

The market cap of Good Times Restaurants (GTIM) is approximately 26.1M.

What does Good Times Restaurants Inc. do?

Good Times Restaurants Inc. owns, operates, and franchises Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar, serving high-quality, fresh food.

Where does Good Times Burgers & Frozen Custard operate?

Good Times Burgers & Frozen Custard operates in Colorado and Wyoming.

What makes Bad Daddy's Burger Bar unique?

Bad Daddy's Burger Bar uses local and artisanal ingredients to create chef-driven, extraordinary burgers.

Which segment generates the most revenue for Good Times Restaurants Inc.?

The Bad Daddy's Burger Bar segment generates the most revenue for the company.

What types of food does Good Times Restaurants Inc. offer?

The company offers burgers, chicken, kids' meals, breakfast options, frozen custard, sides, and drinks.

Where did Bad Daddy's Burger Bar begin?

Bad Daddy's Burger Bar began in North Carolina.

How does Good Times Restaurants Inc. ensure food quality?

The company uses high-quality, all-natural ingredients such as Meyer all-natural beef and Springer Mountain Farms chicken.

What recent achievements has Good Times Restaurants Inc. made?

The company has expanded geographically, enhanced menu offerings, and forged new partnerships.

What are some signature items at Good Times Burgers & Frozen Custard?

Signature items include wild fries, beer-battered onion rings, and fresh, creamy frozen custard.

How does Good Times Restaurants Inc. maintain customer satisfaction?

By continuously innovating menu offerings, ensuring high-quality ingredients, and expanding its presence in new regions.

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Good Times Restaurants Inc.

Nasdaq:GTIM

GTIM Rankings

#5193 Ranked by Market Cap
N/A Ranked by Dividends

GTIM Stock Data

26.15M
7.98M
25.06%
11.93%
0.37%
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