earnings
confidence high
sentiment neutral
materiality 0.55
Good Times Q2 same-store sales: Good Times +0.9%, Bad Daddy's -3.2%
Good Times Restaurants Inc.
2024-Q2 EPS reported
$0.01
revenue$68,570,000
- Good Times brand same-store sales rose 0.9% YoY; average weekly sales $27,133.
- Bad Daddy's brand same-store sales fell 3.2% YoY; average weekly sales $50,880.
- CEO cites unfavorable weather in Colorado but notes sequential improvement at Bad Daddy's from Q1.
- Bad Daddy's same-store decline narrowed to ~3.2% from ~6% in Q1; strong March offset weak January.
- Capital investments at Good Times and operational changes at Bad Daddy's credited for results.