secwatch.observer — SEC 8-K summary
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Issuer:     Good Times Restaurants Inc. (GTIM)
CIK:        0000825324
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001214659-23-001499
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/825324/000121465923001499/0001214659-23-001499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/825324/000121465923001499/r1272338k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-001499

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