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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.

Introduction

Good Times Restaurants Inc (GTIM) is a multifaceted restaurant operator that develops, owns, operates, and franchises a variety of hamburger-centric dining concepts. The company is known for its dual approach in the quick-service drive-through segment and the upscale casual dining industry. By combining innovative menu offerings with a focus on high-quality and fresh ingredients, GTIM has carved out a unique niche in the competitive world of restaurant operations, deploying strategic industry keywords such as "quick-service", "casual dining", and "artisan burgers" right at the outset.

Core Business Segments

The company operates through two distinct segments:

  • Good Times Burgers & Frozen Custard: This segment is dedicated to the quick-service drive-through industry. The outlets in this segment are primarily in Colorado and Wyoming, offering a proprietary selection of hamburgers crafted from Meyer all-natural, all-angus beef, complemented by springer mountain farms all-natural hand-breaded chicken. Accompanying these are signature wild fries, beer-battered onion rings, and a selection of fresh, creamy frozen custard available in multiple enticing flavors, along with hand-spun shakes and spoonbenders.
  • Bad Daddy's Burger Bar: Launched initially in North Carolina, this brand has since expanded to other regions including South Carolina, Tennessee, and Colorado. Characterized as a chef-driven burger joint, Bad Daddy's emphasizes an upscale casual dining experience with a focus on locally sourced and artisanal ingredients. This concept differentiates itself through a curated menu that promises an extraordinary burger experience, appealing to diners seeking a refined twist on classic flavors.

Business Model and Revenue Generation

Good Times Restaurants Inc employs a dual business model that capitalizes on both direct operations and franchising. The company’s quick-service segment leverages efficiency and speed in drive-through service while maintaining an unwavering focus on quality. In contrast, the Bad Daddy's Burger Bar segment enhances revenue by providing a full-service dining experience that features chef-inspired culinary creativity and an emphasis on premium, locally sourced ingredients. This multifaceted approach allows the company to cater to different market segments and consumer preferences, balancing between high-volume sales in the quick-service sector and a more selective, experience-focused full-service model.

Menu and Culinary Innovation

The culinary innovation at GTIM is evident in its meticulously curated menu. The Good Times Burgers & Frozen Custard segment sets itself apart by offering a range of high-quality hamburgers that are made from premium all-natural ingredients, ensuring a consistent and fresh taste in every bite. The addition of hand-breaded chicken and a robust selection of sides like wild fries and beer-battered onion rings further enhances the value proposition. Bad Daddy's Burger Bar employs a chef-driven approach to reinvent the conventional burger experience, using a blend of local and artisanal ingredients to craft uniquely flavored burgers that cater to more discerning palates. This focus on quality ingredients and innovative preparation underpins the company’s reputation for culinary excellence and operational expertise.

Market Position and Industry Dynamics

Good Times Restaurants Inc is strategically positioned within the competitive restaurant and foodservice industry. The company’s ability to operate across two distinct service models – quick-service and upscale casual dining – offers resilience in various market conditions and broadens its appeal. In a market characterized by intense competition and evolving consumer preferences, GTIM differentiates itself by investing in proprietary recipes, sourcing high-quality ingredients, and embracing a dual-model approach that captures both the fast-paced drive-through market and the experience-based dining environment. This strategic positioning not only maximizes revenue potential from diverse customer bases but also strengthens its competitive edge against other regional and national chains.

Operational Strategy and Franchise Expansion

Central to Good Times Restaurants Inc’s operational strategy is its franchise model which enables regional expansion while maintaining brand consistency and quality control. By harnessing local market insights and allowing regional franchise operators to manage day-to-day operations under strict quality standards, GTIM achieves a balance between centralized control and localized market adaptation. This model provides the company with an efficient pathway to scale its presence across different states while mitigating operational risks associated with rapid expansion.

Quality, Innovation, and Customer Experience

The commitment to quality is reflected in every facet of the company’s operations. From sourcing all-natural ingredients to creating a unique blend of flavors in its menu offerings, Good Times Restaurants Inc places customer experience at the forefront of its business model. The company’s robust quality control measures, paired with innovative menu development and continuous culinary experimentation, ensure that every dining experience is memorable, aligning with the growing consumer demand for both convenience and high-quality food offerings. In both service segments, the company’s focus on refining the customer journey – whether through rapid service or driven by a chef’s creative touch – is a cornerstone of its overall brand ethos.

Competitive Landscape and Differentiators

Operating in a competitive landscape, GTIM stands out through its diversified approach. While many quick-service establishments focus solely on speed and volume, Good Times Restaurants Inc delivers a combination of quick accessibility alongside specialist, gourmet offerings through its Bad Daddy's Burger Bar brand. Its strategic use of high-quality, locally sourced ingredients and proprietary recipes enhances its competitive differentiation. Furthermore, the integration of franchising as part of its operational model allows for broader geographical reach without compromising on the distinct quality that has become synonymous with its brand.

Conclusion

In summary, Good Times Restaurants Inc exemplifies a dynamic and multifaceted approach to restaurant operations. By successfully navigating the dual demands of the quick-service and upscale casual dining markets, the company has established itself as a significant player in the region. Its dedication to high-quality ingredients, innovative culinary practices, and a robust operational framework ensures that Good Times Restaurants Inc remains relevant to a diverse set of consumers. Investors and industry analysts looking to understand the complexities of the restaurant business will find that GTIM offers a comprehensive case study in balancing fast-paced service with culinary sophistication, all underpinned by a strategic franchising model that facilitates steady, geographically diversified growth.

Rhea-AI Summary

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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Good Times Restaurants Inc. (Nasdaq: GTIM) will release its financial results for the second fiscal quarter 2024 on May 2, 2024. The conference call to discuss the results will be hosted by CEO Ryan M. Zink and Senior VP of Finance and Accounting Keri A. August.
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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 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 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 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. (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 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 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 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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FAQ

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

The current stock price of Good Times Restaurants (GTIM) is $2.37 as of March 13, 2025.

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

The market cap of Good Times Restaurants (GTIM) is approximately 26.0M.

What are the main business segments of Good Times Restaurants Inc?

The company operates through two segments: Good Times Burgers & Frozen Custard, which focuses on quick-service drive-through operations, and Bad Daddy's Burger Bar, which offers a full-service upscale casual dining experience.

How does Good Times Restaurants Inc generate revenue?

Revenue is generated through a combination of directly operated restaurants and franchised outlets, with each business segment targeting different market segments to maximize reach and efficiency.

What distinguishes the menu offerings in the Good Times Burgers & Frozen Custard segment?

This segment is renowned for its high-quality hamburgers made with all-natural, all-angus beef, hand-breaded chicken, and a selection of fresh, creamy frozen custard, along with signature sides like wild fries and beer-battered onion rings.

What is unique about Bad Daddy's Burger Bar?

Bad Daddy's Burger Bar offers a chef-driven experience focused on artisanal and local ingredients, providing a more refined dining experience through its innovative burger creations.

In which regions does Good Times Restaurants Inc operate its brands?

The Good Times Burgers & Frozen Custard outlets are primarily located in Colorado and Wyoming, while Bad Daddy's Burger Bar has a presence in North Carolina, South Carolina, Tennessee, and Colorado.

How does the franchising model support the company's expansion?

The franchising model enables rapid geographical expansion by leveraging local market expertise and ensuring consistent brand standards, balancing centralized oversight with localized management.

How does GTIM maintain quality across its diverse dining formats?

The company employs rigorous quality control standards and innovative culinary practices across all segments to ensure that every location adheres to its high standards for fresh, high-quality ingredients and consistent taste profiles.

What competitive advantages does Good Times Restaurants Inc hold in the restaurant industry?

Its dual business model, commitment to high-quality and locally sourced ingredients, and a balanced mix of quick-service and gourmet casual dining experiences provide a robust competitive edge in a crowded market.
Good Times Restaurants Inc

Nasdaq:GTIM

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