Good Times Restaurants ( (GTIM) ) has released its Q2 earnings. Here is a breakdown of the information Good Times Restaurants presented to its investors.
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Good Times Restaurants Inc., a company operating in the restaurant sector, manages the Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard brands, offering a range of gourmet burgers and frozen custard desserts primarily in Colorado.
In the fiscal second quarter of 2025, Good Times Restaurants reported a 3.3% decline in total revenues to $34.3 million compared to the same period last year. The company also experienced a net loss attributable to common shareholders amounting to $0.6 million. Despite these challenges, the company maintained a focus on cost control and strategic menu innovations.
Key financial metrics revealed a decrease in same-store sales for both Bad Daddy’s and Good Times brands, with a 3.7% and 3.6% drop respectively. Adjusted EBITDA stood 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, while also repurchasing 54,835 shares of its common stock. Strategic initiatives included the reintroduction of popular menu items and testing new advertising mediums to boost sales.
Looking ahead, Good Times Restaurants plans to continue refining its menu and advertising strategies to enhance customer experience and profitability. The company is also focused on remodeling its restaurants and improving operational efficiency to strengthen its market position.