Good Times Restaurants reports Q1 Good Times brand SSS up 4.1% y/y

Good Times Restaurants announced that same store sales increased 4.1% for its Good Times brand and decreased 6.2% for its Bad Daddy’s brand for its first fiscal quarter ended December 26, 2023 compared to the same prior-year fiscal quarter. Ryan Zink, President and CEO, said “Our Good Times brand has continued to deliver positive same store sales in spite of a challenging operating environment, reflecting the strong company-owned restaurant operations and the impact of our restaurant refresh program. Bad Daddy’s sales during the first quarter reflects the challenges facing that brand, and though top line trends had improved throughout December, sales have softened again in January, which was an unseasonably strong month in the prior year, ranking third of all months of the 2023 fiscal year in average weekly sales for the concept.”