Good Times Restaurants Q2 2024 revenue $35.4M (+1.9% YoY); net income $0.6M; same-store sales mixed

Good Times Restaurants Inc.

2024-Q2 EPS reported $0.01 revenue$68,570,000

Total revenues $35.4M, +1.9% YoY; net income $0.6M attributable to common shareholders.
Bad Daddy's same-store sales -3.2%; Good Times same-store sales +0.9%.
Ended quarter with $4.0M cash and $1.3M long-term debt; repurchased 252,496 shares.
In negotiations to purchase franchised Good Times in Parker, CO, expected to close before Q3 end.
Launched pilot of Toast POS system; remodel at fourth Good Times location.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Good Times Restaurants Inc. reported 2024 second fiscal quarter ended March 26, 2024 results: revenue $35.4 million, net income $0.6 million.

Period: 2024 second fiscal quarter ended March 26, 2024
Revenue: $35.4 million
Net income: $0.6 million
Result: reported results

Exact text from the filing

Total Revenues for the quarter increased 1.9% to $35.4 million compared to the second quarter of fiscal 2023

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Source: SEC EDGAR

accession 0001437749-24-014359

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