---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-006698"
form_type: "8-K"
ticker: "GTIM"
cik: "0000825324"
company_name: "Good Times Restaurants Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T11:10:52.814680+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Good Times Restaurants Q2 revenue up 3.5% to $34.8M; net income $10.6M includes $10M tax benefit

## Summary
- Total revenue $34.8M (+3.5% YoY); Bad Daddy's same-store sales +4.6%, Good Times +7.6%.
- Net income attributable to common shareholders $10.6M, includes $10.0M income tax benefit; Adjusted EBITDA $1.5M.
- Cash $5.4M, no long-term debt; amended credit facility with Cadence Bank extended for 5 years.
- Construction began on new Bad Daddy's in Huntsville, AL; expected late summer opening.

## SEC filing metadata
- accession: 0001214659-23-006698
- form_type: 8-K
- ticker: GTIM
- cik: 0000825324
- company_name: Good Times Restaurants Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825324/000121465923006698/0001214659-23-006698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825324/000121465923006698/o532308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-006698
- JSON: https://secwatch.observer/filing/0001214659-23-006698.json
- Plain text: https://secwatch.observer/filing/0001214659-23-006698.txt

## Key facts
- Earnings Releases
  Good Times Restaurants Inc. reported second fiscal quarter ended March 28, 2023 results: revenue $34.8 million, net income $10.6 million.
  - Period: second fiscal quarter ended March 28, 2023
  - Revenue: $34.8 million
  - Net income: $10.6 million
  - Result: reported results
  source text: Key highlights of the Company’s financial results include: · Total Revenues for the quarter increased 3.5% to $34.8 million compared to fiscal 2022 second quarter · Total Restaurant Sales for Bad Daddy’s restaurants were $26.3 million for the quarter · Same Store Sales 1 for company-owned Bad Daddy’s restaurants increased 4.6% for the quarter · Total Restaurant Sales for Good Times restaurants were $8.2 million for the quarter · Same Store Sales for company-owned Good Times restaurants increased 7.6% for the quarter · Net Income Attributable to Common Shareholders was $10.6 million for the quarter, including a $10.0 million income tax benefit · Adjusted EBITDA 2 (a non-GAAP measure) for the quarter was $1.5 million · The Company ended the quarter with $5.4 million in cash and no long-term debt
  evidence_url: https://www.sec.gov/Archives/edgar/data/825324/000121465923006698/0001214659-23-006698-index.htm

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