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Good Times Restaurants ( NASDAQ:GTIM ) First Quarter 2023 Results Key Financial Results Revenue: US$33.4m (up 1.5% from...

Good Times Restaurants Inc. (NASDAQ:GTIM) Q1 2023 Earnings Call Transcript February 2, 2023 Operator: Good afternoon, ladies and gentlemen. Welcome to the Good Times Restaurants Fiscal 2023 First Quarter Earnings Call. By now, everyone should have access to the company’s earnings release, which is available in the Investors section of the company’s website. As a […]

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of the Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard restaurant brands, today reported financial results for the first fiscal quarter ended December 27, 2022.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of the Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard restaurant brands, today reported its purchase of the limited liability company membership interests from its partners in five previous joint-venture Bad Daddy’s restaurants in Winston-Salem, Fayetteville, Greenville and Greensboro, North Carolina and Greenville, South Carolina. Each joint-venture entity is now wholly-owned by the Company. The aggregate cash purchase price of approximately $4.4 million was funded out of cash reserves.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that it will host a conference call to discuss the first fiscal quarter ended December 27, 2022 financial results on February 2, 2023 at 5:00 p.m. ET. Hosting the call will be Ryan Zink, Chief Executive Officer and Matthew Karnes, Senior Vice President of Finance. A press release with financial results will be issued prior to the call.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that same store sales1 for its first fiscal quarter ended December 27, 2022 increased 3.0% for its Good Times brand and increased 2.4% for its Bad Daddy’s brand, and that average weekly sales2 during the first fiscal quarter were $26,797 and $49,180 for its Good Times and Bad Daddy’s brands, respectively.

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Its full-service Bad Daddy’s Burger Bar set sales records, and its quick-service Good Times Burgers & Frozen Custard grew same-store sales for the third straight year. Zink noted that he was “disappointed” with the lack of profitability, but he added quickly that he was not going to trade short-term gains for long-term pains. Unlike some of its competitors, Zink said, Good Times had not traded down for lower-cost and lower-quality ingredients, it had not reduced the size of its portions and it had not slashed restaurant staffing, even in the face of an upcoming, significant boost in the minimum wage in its home state.

Good Times Restaurants Inc. (NASDAQ:GTIM) Q4 2022 Earnings Call Transcript December 15, 2022 Operator: Good afternoon, ladies and gentlemen. Welcome to the Good Times Restaurants Inc. Fiscal 2022 Fourth Quarter Earnings Call. By now, everyone should have access to the company’s earnings release, which is available in the Investors section of the company’s website. As […]

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Gainers 17 Education & Technology (NASDAQ:YQ) shares rose 27.0% to $1.6 during Friday's regular session. 17 Education & ...

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today reported financial results for the fiscal fourth quarter and fiscal year ended September 27, 2022.

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Good Times Restaurants to Release Fourth Quarter and Fiscal Year End Financial Results on December 15, 2022

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Gainers Good Times Restaurants (NASDAQ:GTIM) stock rose 16.6% to $2.63 during Monday's regular session. The market value of ...

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Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that same store sales1 for its fourth fiscal quarter ended September 27, 2022 increased 5.9% for its Good Times brand and increased 3.7% for its Bad Daddy’s brand, and that average weekly sales2 were $29,896 and $49,945 for its Good Times brand and for its Bad Daddy’s brand, respectively, for the fourth fiscal quarter. For the full fiscal year, same store sales increased 1.1% for its Good Times brand and increased 11.2% for its Bad Daddy’s brand, and average weekly sales were $27,974 and $49,425 for its Good Times and Bad Daddy’s brands, respectively, for the full fiscal year.

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Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today reported financial results for the fiscal third quarter ended June 28, 2022.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that it will host a conference call to discuss the third fiscal quarter financial results on August 11, 2022 at 5:00 p.m. ET. Hosting the call will be Ryan Zink, Chief Executive Officer and Matthew Karnes, Senior Vice President of Finance. A press release with financial results will be issued prior to the call.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that same store sales* for its third quarter ended June 28, 2022 increased 1.6% for its Good Times brand from the same prior year quarter and increased 5.3% for its Bad Daddy’s brand from the same prior year quarter. Average weekly sales during the 2022 third quarter among restaurants open for at least 18 months were $30,411 for the Company’s Good Times restaurants and $52,745 for the Company’s Bad Daddy’s restaurants.

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Gainers Good Times Restaurants (NASDAQ:GTIM) stock moved upwards by 13.3% to $3.4 during Friday's pre-market ...

Gainers Hovnanian Enterprises (NYSE:HOV) stock rose 12.4% to $57.55 during Wednesday's regular session. Trading ...

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today reported financial results for the fiscal second quarter ended March 29, 2022.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that it will host a conference call to discuss the second quarter financial results on May 5, 2022 at 5:00 p.m. ET. Hosting the call will be Ryan Zink, Chief Executive Officer and Matthew Karnes, Senior Vice President of Finance. A press release with financial results will be issued prior to the call.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that same store sales* for its second quarter ended March 29, 2022 decreased 0.9% for its Good Times brand from the same prior year quarter and increased 15.5% for its Bad Daddy’s brand from the same prior year quarter. Average weekly sales during the 2022 second quarter among restaurants open for at least 18 months were $25,469 for the Company’s Good Times restaurants and $50,405 for the Company’s Bad Daddy’s restaurants. Additionally, during the final week of the fiscal quarter the Company completed the acquisition of a Bad Daddy’s restaurant in Greenville, South Carolina that was formerly owned by a franchisee. Following this acquisition, the Company owns and operates all of its Bad Daddy’s Burger Bar restaurants other than its licensee in the Charlotte Douglas International Airport.

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Good Times Restaurants Inc. (GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that Matthew Karnes has been named Senior Vice President of Finance.

Q1 2022 Earnings

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that it will commence a share repurchase program beginning February 7, 2022. Repurchases of up to an aggregate of $5,000,000 of the Company’s common stock have been authorized by the Company’s Board of Directors. The authorization to repurchase will continue until the maximum value of shares is purchased or the Company terminates the program. The timing and actual number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. The Company intends to make all repurchases in compliance with applicable regulatory guidelines and to administer the plan in accordance with applicable laws, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended.

Good Times Restaurants Inc. (Nasdaq: GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that Donald L. Stack has been named Senior Vice President of Operations and will succeed Scott Lefever in this role upon completion of the leadership transition on February 7, 2022. Scott Lefever will continue to be employed by the company through his retirement on March 31, 2022.

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Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that it will host a conference call to discuss the first quarter financial results on February 3, 2022 at 5:00 p.m. ET. Hosting the call will be Ryan Zink, President and Chief Executive Officer. A press release with financial results will be issued prior to the call.

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Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that year-over-year same store sales for its first quarter ended December 28, 2021 decreased 2.5% for its Good Times brand and increased 24.0% for its Bad Daddy’s brand. Sales during the thirteen-week first quarter of 2022 increased by 19.5% at Good Times and by 8.9% at Bad Daddy’s restaurants, as compared to the thirteen weeks ended December 31, 2019, among company-owned restaurants that were open for the thirteen weeks in both years. Same store sales and average weekly sales at Bad Daddy’s and Good Times for each month of the quarter are as follows:

Good Times Restaurants Inc. (Nasdaq: GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced the retirement of Scott LeFever, Vice President of Operations, effective March 31, 2022. The Company has identified a candidate who we expect to join the brand in early calendar 2022 and to succeed Scott upon his retirement.

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today reported financial results for the fiscal fourth quarter and year ended September 28, 2021.

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Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that it will host a conference call to discuss the fourth quarter and its 2021 fiscal year end financial results on December 16, 2021 at 5:00 p.m. ET. Hosting the call will be Ryan Zink, President and Chief Executive Officer. A press release with financial results will be issued prior to the call.

Good Times Restaurants Inc. (GTIM), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that year-over-year same store sales for its fourth fiscal quarter ended September 28, 2021 decreased 0.2% for its Good Times brand and increased 22.8% for its Bad Daddy’s brand. Sales during the fourth quarter of 2021 increased by 8.7% at Good Times and by 5.7% at Bad Daddy’s restaurants, as compared to the fourth quarter of 2019, among restaurants that were open for the full fourth quarter in both years. Same store sales and average weekly sales at Bad Daddy’s and Good Times for each month of the quarter are as follows:

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Good Times Restaurants Inc. (Nasdaq: GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced the final results of its cash tender offer to purchase up to 1,413,000 shares of its common stock at a price per share of $4.60. The tender offer expired at 11:59 p.m., New York City time, on September 10, 2021.

Good Times Restaurants Inc. (Nasdaq: GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced the appointment of Ryan M. Zink, the Company’s President and Chief Executive Officer, to the Board of Directors, expanding its Board of Directors from four to five members.

Good Times Restaurants Inc. (Nasdaq: GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced the preliminary results of its cash tender offer to purchase up to 1,413,000 shares of its common stock at a price per share of $4.60. The tender offer expired at 11:59 p.m., New York City time, on September 10, 2021.

Good Times Restaurants Inc. (Nasdaq: GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that it is commencing a tender offer for up to 1,413,000 shares of its common stock at a price per share of $4.60. The closing price of the Company's common stock on Tuesday, August 10, 2021, the last full trading day before the announcement of the tender offer, was $4.50 per share. The 1,413,000 shares sought in the tender offer represent approximately 11.0% of the Company’s shares of common stock currently outstanding. Our Board of Directors believes that the tender offer is an appropriate mechanism to return capital to our shareholders while also allowing those shareholders who do not participate in the tender offer to share in a higher portion of our future potential.

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