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GTIM — Good Times Restaurants News Story

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Good Times Restaurants Q3 profit rises despite lower revenue

Good Times Restaurants Q3 profit rises despite lower revenue


Overview

  • US restaurant operator's fiscal Q3 revenue fell 5% yr/yr

  • Adjusted EBITDA for fiscal Q3 rose yr/yr

  • Company says improved profitability driven by cost management and Good Times sales


Outlook

  • Company expects Q4 profitability to improve year-over-year due to cost management and Good Times sales

  • Good Times same store sales have turned positive, a trend continuing into the fourth quarter

  • Company is testing value-oriented promotions at Bad Daddy’s to address ongoing sales headwinds


Result Drivers

  • $2 BAMBINO CAMPAIGN - Co said systemwide launch of $2 Bambino offer in June lifted same store sales at Good Times

  • BAD DADDY'S SALES PRESSURE - Co said Bad Daddy's Burger Bar continued to see sales headwinds and is testing value promotions to address traffic declines


Company press release: ID:nBw3HVkq9a


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$35.2 mln

Q3 Net Income
Attributable To Common Shareholders

$1.91 mln

Q3 Adjusted EBITDA

$2.5 mln


Reuters Recommended Reads

  • Aug 5 - ONE Group Hospitality Q2 revenue falls more than expected amid restaurant closures

  • Aug 5 - Portillos Q2 revenue slightly misses expectations as same-restaurant sales fall

  • Aug 5 - Dine Brands beats Q2 revenue estimates, maintains 2026 guidance


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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