Sequential Same-Store Sales Improvement at Good Times
Good Times same-store sales declined 6.6% in the quarter but this represented a 240 basis point sequential improvement from the fiscal third quarter; for the first 11 weeks of fiscal Q1 Good Times comps improved to -3.6% year-over-year.
Early First Quarter Improvement for Bad Daddy's
Bad Daddy's same-store sales were down 4.6% for the quarter but have improved sequentially into fiscal Q1, with same-store sales down approximately 1.6% through the first 11 weeks of the quarter versus the prior year.
Operational Initiatives to Improve Execution
Management is realigning GM schedules, enhancing restaurant-level training, and rolling out cook-to-order for burger products to improve service, product quality and productivity; these changes are expected to help re-earn pricing premium over competitors over time.
Targeted Pricing and Promotions Strategy
Company has taken limited menu pricing (Good Times ~1% since Jan 2024; Bad Daddy's blended year-over-year price increase <1% in quarter), expects ~1.7% average price increase for Q1 FY26, and will pursue highly targeted value promotions and expanded loyalty (GT Rewards, refreshed app) rather than broad discounting.
Product Wins at Bad Daddy's
Fall and holiday promotions (giant Bavarian pretzel and in-house chocolate cookie cheesecake) performed well and are being considered for future core menu inclusion; company plans a simplified 'burger of the month' platform to sharpen execution and messaging.
Reduced General & Administrative Expense Rate
Combined G&A was $2.4 million or 7.0% of total revenues for the quarter, a 70 basis point decrease versus the prior year quarter; management expects G&A of 6%–7% in FY26.