earnings
confidence high
sentiment positive
materiality 0.65
Good Times Restaurants reports Q3 revenue up 6.5% to $37.9M; same-store sales positive
Good Times Restaurants Inc.
2024-Q3 EPS reported
$0.12
revenue$106,521,000
- Total revenues of $37.9M, up 6.5% YoY; net income attributable to common shareholders of $1.3M.
- Good Times same-store sales +5.8%; Bad Daddy's +1.2% vs prior-year quarter.
- Ended quarter with $4.8M cash and $0.8M borrowings; repurchased 263,516 shares (incl. 171,000 private).
- Acquired a franchisee-owned restaurant in Parker, CO; completed fourth Good Times remodel.
- New POS system installed in 19 locations; remaining 7 company stores to be completed within 4 weeks.