other material
confidence high
sentiment positive
materiality 0.55
Good Times Restaurants reports Q2 same-store sales: Good Times +7.6%, Bad Daddy's +4.6%
Good Times Restaurants Inc.
- Same-store sales: Good Times +7.6%, Bad Daddy's +4.6% for Q2 ended March 28, 2023.
- Average weekly sales: Good Times $27,510, Bad Daddy's $52,432.
- Purchased membership interests in five previously joint-venture Bad Daddy's restaurants (four NC, one SC).
- Closed Bad Daddy's at Cherry Creek; new Bad Daddy's in Madison, AL opening near end of fiscal 2023.
- Menu price increases: Good Times +10.5%, Bad Daddy's +3.4% YoY; Colorado wage pressures cited.