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Good Times Restaurants (GTIM)
:GTIM
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -1.56%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. While Bad Daddy's experienced growth in same-store sales and improved margins, both brands faced challenges due to weather, competitive pressures, and rising costs. Financial metrics showed some improvement, but the overall environment remains challenging.Company Guidance
In the Good Times Restaurants Inc. Fiscal 2025 First Quarter Earnings Call, the company provided guidance on several key metrics, indicating a mixed performance across its brands. For Bad Daddy's, there was a 1.5% increase in same-store sales attributed to successful menu items like the classic smash patty burgers, which have been engineered to offer better margins. Despite a menu price increase of approximately 4.5%, the favorable mix shift towards smash patty burgers offset half of this rise. Bad Daddy's reported a total restaurant sales increase to $26.1 million, with a restaurant-level operating profit of $3.3 million or 12.6% of sales. Conversely, Good Times saw flat same-store sales with total restaurant sales rising to $9.9 million. However, the brand faced challenges with a 100 basis point increase in food and packaging costs and a 290 basis point rise in labor costs, leading to a decrease in restaurant-level operating profit to $0.9 million or 8.6% of sales. The call also highlighted the impact of weather on January sales, with Bad Daddy's experiencing a 5.5% decline in same-store sales and Good Times a 7% drop during the first four weeks of the second fiscal quarter. The company ended the quarter with $3 million in cash, $2.6 million in long-term debt, and a net income of $0.2 million or $0.02 per share, with adjusted EBITDA improving to $1.2 million.Increase in Same-Store Sales for Bad Daddy's
Bad Daddy's posted a 1.5% increase in same-store sales, along with improved restaurant-level margins.
Promising New Product Lines
Introduction and success of the classic smash patty burgers, along with future plans for new menu items, contributed to better margins.
Improved Labor Controls
Labor costs decreased by 70 basis points to 35.1% at Bad Daddy's, attributed to leveraging manager salaries and increased labor productivity.
Restaurant Sales Growth
Total restaurant sales increased by $2 million to $26.1 million for Bad Daddy's and $1.1 million to $9.9 million for Good Times compared to the previous year.
Positive Financial Metrics
Adjusted EBITDA increased to $1.2 million from $0.5 million, with a net income of $0.2 million compared to a loss in the previous year.
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GTIM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GTIM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $2.56 | $2.52 | -1.56% |
| Dec 12, 2024 | $2.70 | $2.65 | -1.85% |
| Aug 01, 2024 | $2.63 | $2.51 | -4.56% |
| May 02, 2024 | $2.68 | $2.68 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Good Times Restaurants (GTIM) report earnings?
Good Times Restaurants (GTIM) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Good Times Restaurants (GTIM) earnings time?
Good Times Restaurants (GTIM) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GTIM EPS forecast?
Currently, no data Available
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