Good Times Restaurants Q2 revenue $33.6M (+15.1% YoY); net loss $2.2M

Good Times Restaurants Inc.

2023-Q2 EPS reported -$0.15 revenue$66,513,000

Bad Daddy's same-store sales +15.5% YoY; Good Times same-store sales -0.9%.
Adjusted EBITDA of $0.8M for quarter; $2.3M year-to-date.
Cash $7.1M, no long-term debt at quarter end.
Menu pricing increased ~6% at Bad Daddy's, ~8% at Good Times over past 12 months.
Purchased previously franchised Bad Daddy's in Greenville, SC; all traditional Bad Daddy's now company-owned.

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