---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-001499"
form_type: "8-K"
ticker: "GTIM"
cik: "0000825324"
company_name: "Good Times Restaurants Inc."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T03:02:38.196067+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Good Times Restaurants Q1 revenue $33.4M (+1.5% YoY), net loss $0.1M; same-store sales up 2-3%

## Summary
- Total revenues $33.4M, up 1.5% YoY; net loss attributable to common shareholders $0.1M.
- Bad Daddy's same-store sales +2.4%; Good Times same-store sales +3.0%.
- Adjusted EBITDA $0.7M; quarter-end cash $6.9M, zero long-term debt.
- Subsequent to quarter, acquired membership interests in five Bad Daddy's locations previously jointly owned.
- Management cites inflationary beef cost pressure; implemented 3.4% price increase in Jan 2023.

## SEC filing metadata
- accession: 0001214659-23-001499
- form_type: 8-K
- ticker: GTIM
- cik: 0000825324
- company_name: Good Times Restaurants Inc.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825324/000121465923001499/0001214659-23-001499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825324/000121465923001499/r1272338k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-001499
- JSON: https://secwatch.observer/filing/0001214659-23-001499.json
- Plain text: https://secwatch.observer/filing/0001214659-23-001499.txt

## Key facts
- Earnings Releases
  Good Times Restaurants Inc. reported the first fiscal quarter ended December 27, 2022 results: revenue $33.4 million, net income $0.1 million.
  - Period: the first fiscal quarter ended December 27, 2022
  - Revenue: $33.4 million
  - Net income: $0.1 million
  - Result: reported results
  source text: for the first fiscal quarter ended December 27, 2022. Key highlights of the Company’s financial results include: · Total Revenues for the quarter increased 1.5% to $33.4 million compared to fiscal 2022 first quarter · Total Restaurant Sales for Bad Daddy’s restaurants were $25.2 million for the quarter · Same Store Sales 1 for company-owned Bad Daddy’s
  evidence_url: https://www.sec.gov/Archives/edgar/data/825324/000121465923001499/0001214659-23-001499-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.