secwatch.observer — SEC 8-K summary
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Issuer:     Good Times Restaurants Inc. (GTIM)
CIK:        0000825324
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001437749-24-002689
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Good Times Q1 FY2024: revenue $33.1M, net loss $0.6M, same-store sales mixed
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- Total revenues down 0.8% YoY to $33.1M; net loss attributable to common shareholders of $0.6M.
- Same-store sales: Bad Daddy's -6.2%, Good Times +4.1%.
- Adjusted EBITDA of $0.3M; cash $3.5M, long-term debt $1.3M.
- Company cites Bad Daddy's operational improvements narrowing gap to industry benchmark since late Nov.
- Good Times brand posts 13.5% restaurant-level operating profit; completed three remodels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/825324/000143774924002689/0001437749-24-002689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/825324/000143774924002689/gtim20240126_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-002689

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer