Highest-materiality recent filing
Good Times Restaurants reports Q4 net loss near break-even; same-store sales decline 4-6%
Total revenues $141.6M, down 0.5% YoY; Q4 restaurant sales $33.6M, down $2.0M YoY.
Good Times closes 2 Bad Daddy's units; lender relaxes leverage covenant to 5.65x
Closure of Bad Daddy's in Roswell, GA and Broomfield, CO; lease terminations with $250k maximum EBITDA addback.
Good Times Restaurants Reports Q3 Fiscal 2025 Results: Revenue Down 2.4%, Net Income $1.5M
Total revenues decreased 2.4% to $37.0 million in Q3 fiscal 2025 compared to prior year quarter.
Good Times Restaurants Q2 net loss $0.6M; revenues down 3.3%
Total revenues $34.3M, down 3.3% YoY; same-store sales fell 3.7% at Bad Daddy's and 3.6% at Good Times.
Good Times Q4 net income $0.2M; FY revenue up 3% to $142.3M; share buyback expanded by $2M
FY total revenue $142.3M (+3.0% YoY); net income attributable to common shareholders $1.6M.
Good Times Restaurants reports Q4 same-store sales: Bad Daddy's +3.2%, Good Times -0.1%
Good Times brand same-store sales -0.1% for Q4; +2.9% for FY2024.
Good Times Restaurants reports Q3 revenue up 6.5% to $37.9M; same-store sales positive
Total revenues of $37.9M, up 6.5% YoY; net income attributable to common shareholders of $1.3M.
Good Times Restaurants Q2 2024 revenue $35.4M (+1.9% YoY); net income $0.6M; same-store sales mixed
Total revenues $35.4M, +1.9% YoY; net income $0.6M attributable to common shareholders.
Good Times Q1 FY2024: revenue $33.1M, net loss $0.6M, same-store sales mixed
Total revenues down 0.8% YoY to $33.1M; net loss attributable to common shareholders of $0.6M.
Good Times Restaurants reports Q4 net loss $0.3M; Bad Daddy's same-store sales down 4.9%
Total revenues for fiscal year 2023 were $138.1M, down 0.1% YoY.
Good Times Q4 same-store sales: Good Times +2.4%, Bad Daddy's -4.9% vs prior year
Good Times brand same-store sales up 2.4% for Q4 and 3.7% for fiscal year 2023.
Good Times Q3 same-store sales: Good Times +2.2%, Bad Daddy's -1.4%
Good Times brand same-store sales up 2.2%; average weekly sales $31,073.
Good Times Restaurants Q2 revenue up 3.5% to $34.8M; net income $10.6M includes $10M tax benefit
Total revenue $34.8M (+3.5% YoY); Bad Daddy's same-store sales +4.6%, Good Times +7.6%.
Aggregate cash purchase price of $4,394,205 funded from cash reserves; five locations in NC and SC now wholly-owned.
Good Times Restaurants Q1 FY2023 same-store sales: Good Times +3.0%, Bad Daddy's +2.4%
Good Times brand same-store sales rose 3.0% YoY; average weekly sales $26,797.
Good Times Restaurants Q2 revenue $33.6M (+15.1% YoY); net loss $2.2M
Bad Daddy's same-store sales +15.5% YoY; Good Times same-store sales -0.9%.
Good Times Restaurants shareholders elect directors and approve equity plan; Bailey named Chairman
All five director nominees elected: Bailey (5,001,025 for), Jobson (4,839,377), Maceda (5,030,061), Stetson (4,980,582), Zink (4,657,310).
Good Times Restaurants authorizes $5M share repurchase program starting Feb 7, 2022
Board authorized up to $5,000,000 of common stock repurchases beginning February 7, 2022.
Good Times Restaurants Q1 revenue $32.9M (+20.5% YoY); net income $0.3M; Bad Daddy's SSS +24.0%
Total revenues $32.9M, up 20.5% from fiscal 2021; net income attributable to common shareholders $0.3M.
Donald L. Stack, Senior Vice President of Operations of the Good Times brand for Good Times Restaurants Inc. (the “Company”), informed the Company on February 14, 2025, of his resignation from the Company effective May 31, 2025.
Mr. Craig Soto, who has been a Regional Manager with the Good Times brand and will serve in the newly created position of Director of Operations.
On July 23, 2024, the Company announced it has appointed Ms. Sophia Rivka Rossi to the Company’s Board of Directors as an independent non-employee Director, effective immediately.
On January 2, 2024, the Company announced it has appointed Ms. Keri August as the Company’s Senior Vice President of Finance and Accounting.
Geoffrey R. Bailey, Chairman of the Board of Directors (the “Board”) of Good Times Restaurants Inc. (the “Company”) and Chairman of the Board’s Compensation Committee, informed the Company on May 29, 2023, of his intent to retire from the Board of Directors, effective September 7, 2023.
Until a successor is named for Mr. Karnes, Mr. Ryan M. Zink, the Company’s Chief Executive Officer, will also serve as interim Principal Financial Officer including serving as the Company’s principal financial officer and principal accounting officer.
Matthew Karnes, Senior Vice President of Finance of Good Times Restaurants Inc. (the “Company”), the Company’s principal financial officer and principal accounting officer, informed the Company on May 15, 2023, of his intent to resign from the Company, effective June 13, 2023, to pursue another opportunity.
the Company announced it has appointed Matthew Karnes as the Company’s Senior Vice President of Finance.
Scott Lefever, the Company’s current Vice President of Operations will retire from the Company effective March 31, 2022.
On February 3, 2022, the Company announced it will appoint Donald L. Stack as the Company’s Senior Vice President of Operations to replace Mr. Lefever.
On December 10, 2021, Scott G. LeFever, the Good Times Drive Thru Inc. Vice President of Operations notified Good Times Restaurants, Inc. (the “Company”) of his decision to retire from the Company effective March 31, 2022.
Effective December 6, 2021, Ryan M. Zink, who is currently serving the Company’s President and Chief Executive Officer, has assumed the additional role of interim Principal Financial Officer and Principal Accounting Officer.
Max materiality 0.70 · Median 0.55 · Most common event earnings