Good Times Restaurants Inc. Reports 3.3% Revenue Decline in Fiscal Q2 2025; Same Store Sales Down for Both Brands

Reuters
05/09
Good Times Restaurants Inc. Reports 3.3% Revenue Decline in Fiscal Q2 2025; Same Store Sales Down for Both Brands

Good Times Restaurants Inc., the operator of Bad Daddy's Burger Bar and Good Times Burgers & Frozen Custard, reported its financial results for the fiscal 2025 second quarter ended April 1, 2025. Total revenues for the quarter decreased by 3.3% to $34.3 million compared to the same quarter in fiscal 2024. Same store sales for company-owned Bad Daddy's restaurants dropped by 3.7%, while Good Times restaurants experienced a 3.6% decrease compared to the fiscal 2024 second quarter. Year-to-date, the same store sales are down by 1.1% for Bad Daddy's and 1.9% for Good Times. The company reported a net loss attributable to common shareholders of $0.6 million for the quarter. Adjusted EBITDA, a non-GAAP measure, was reported at $1.0 million for the quarter. The company ended the quarter with $2.7 million in cash and $2.6 million in long-term debt. CEO Ryan M. Zink highlighted cost control efforts at Bad Daddy's, noting a 13.6% Restaurant Level Operating Profit margin. The company also announced a temporary pause in repurchasing shares and is undergoing adjustments to improve effectiveness, efficiency, and profitability, including leadership changes and a review of operational structures. The remodel program is progressing, with two-thirds of the system completed and more substantial remodels planned for fiscal 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Good Times Restaurants Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-25-007195), on May 08, 2025, and is solely responsible for the information contained therein.

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