Stock events for Good Times Restaurants, Inc. (GTIM)
Over the past six months, Good Times Restaurants Inc. stock price has decreased by 20.75%, and by 53.07% over the last year. Key events impacting the stock price include Q4 Fiscal Year 2024 Earnings, where Good Times brand same-store sales decreased by 0.1%, while Bad Daddy's brand saw a 3.2% increase. Good Times Restaurants Inc. acquired two Good Times Burgers & Frozen Custard locations in Broomfield and Northglenn, Colorado, from a franchisee. Q1 Fiscal Year 2025 Earnings showed total revenues increased by 9.6% to $36.3 million. Q2 Fiscal Year 2025 Earnings reported disappointing results with total revenues dropping 3.3% to $34.3 million. Q3 Fiscal Year 2025 Earnings showed total revenues declined 2.4% to $37.0 million. Good Times Restaurants Inc. entered into a third amendment to its credit agreement with Cadence Bank, allowing the company to close two Bad Daddy's Burger Bar locations in Roswell, Georgia, and Broomfield, Colorado, and terminate related leases.
Demand Seasonality affecting Good Times Restaurants, Inc.’s stock price
Demand seasonality aligns with restaurant industry trends, with peak sales between April and August due to tourism and warmer weather. Bad Daddy's Burger Bar caters to seasonal demand with "Summer Specials" and a "Holiday Menu," while Good Times Burgers & Frozen Custard features a "Flavor of the month" for its frozen custards.
Overview of Good Times Restaurants, Inc.’s business
Good Times Restaurants, Inc. operates in the United States within the Consumer Discretionary sector, managing Good Times Burgers & Frozen Custard, a quick-service drive-through restaurant, and Bad Daddy's Burger Bar, a full-service, upscale casual dining experience.
GTIM’s Geographic footprint
Good Times Burgers & Frozen Custard is primarily located in Colorado and Wyoming, with 31 locations as of July 2023. Bad Daddy's Burger Bar operates in North Carolina, South Carolina, Tennessee, and Colorado.
GTIM Corporate Image Assessment
The brand reputation for Good Times Restaurants, Inc. has been mixed. Bad Daddy's Burger Bar receives positive feedback for its burgers, staff, and atmosphere, but faces criticisms for wait times, inconsistent service, and prices. Good Times Burgers & Frozen Custard has received praise for its food and custard, but also criticism for high prices and tipping options at the drive-thru. The company is launching a new "Colorado Native Burgers" brand campaign to enhance brand perception and address sales challenges.
Ownership
Good Times Restaurants, Inc. has 40 institutional owners and shareholders holding a total of 1,473,594 shares. Institutional investors own 12.06% of the company's stock, while insiders hold 96.47% of the company's shares.
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$1.30