Good Times Restaurants Inc. (GTIM)

Good Times Restaurants Inc. (GTIM) stock has experienced a significant decline over the past six months. As of March 16, 2026, the share price was $1.18, a 51.84% decrease from $2.45 on March 17, 2025. The stock also saw a 25.98% decrease over the last six months and a 49.23% decrease over the past year. Q1 Fiscal Year 2026 reported a 10% revenue decline to $32.7 million with stable EPS of $0.02, leading to a stock decrease. Q4 Fiscal Year 2025 showed total revenue of $141.6 million, down 0.5% year-over-year, with declining same-store sales. Q3 Fiscal Year 2025 revenues decreased 2.4% to $37.0 million, with declining same-store sales for both brands, impacted by industry-wide inflationary pressures.

Good Times Restaurants Inc. experiences demand seasonality influenced by specific menu offerings and dining trends. Seasonal smash patty burgers and holiday specials at Bad Daddy's Burger Bar drive demand for specific products. Custard drops increase digital orders, indicating a seasonal aspect to frozen custard demand. The company uses limited-time offers and daypart bundles at Good Times drive-thrus to increase throughput and manage seasonal demand fluctuations. The restaurant industry sees seasonal variations in traffic due to holidays, weather, and school schedules, impacting Good Times Restaurants' business.

Good Times Restaurants, Inc. (GTIM) develops, owns, operates, licenses, and franchises Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar. Good Times Burgers & Frozen Custard is a quick-service, drive-thru concept emphasizing all-natural burgers and chicken, signature fries, green chili breakfast burritos, and frozen custard. Bad Daddy's Burger Bar is a full-service, upscale casual dining concept offering specialty burgers, sandwiches, salads, and appetizers, often with a full bar, and generates the most revenue for the company.

Good Times Burgers & Frozen Custard restaurants are primarily located in Colorado, with a few locations in Wyoming. As of December 2021, there were 32 Good Times restaurants, with 30 in Colorado and two in Wyoming. Bad Daddy's Burger Bar has a broader geographic presence with 42 restaurants in seven states as of December 2021, and more recently 38 restaurants in seven states, including 14 in North Carolina, 9 in Colorado, 4 in Georgia, 4 in South Carolina, 3 in Alabama, 2 in Tennessee, and 1 in Oklahoma. One Bad Daddy's restaurant is operated by a third-party licensee at the Charlotte Douglas International Airport.

Good Times Restaurants Inc. has focused on menu innovation and operational improvements to enhance its brand reputation. Bad Daddy's Burger Bar has seen success with seasonal smash patty burgers and holiday specials, with plans to expand the smash patty lineup. Good Times Burgers & Frozen Custard has introduced new cooking procedures and upgrades to custard production to improve product quality. The company has been undertaking a system-wide remodel program targeting completion by 2026 and has upgraded digital menu boards and POS systems. The Good Times brand has faced ongoing cost challenges in labor and competition-driven discounting, and both brands have experienced declining same-store sales.

Good Times Restaurants Inc. (GTIM) has a mixed ownership structure including institutional, insider, and individual investors. Major institutional owners include Vanguard Group Inc., Renaissance Technologies Llc, and Bridgeway Capital Management Inc. As of December 31, 2025, Vanguard Group Inc. held 427,130 shares, representing 4.10% of the stock. David Dobbin is the largest individual shareholder, owning 8.30 million shares, representing 78.65% of the company. Charles E. Jobson, Penelope Dobbin and Robert J. Stetson are also significant insider holders. Small Island Investments Ltd. became the parent company after acquiring Good Times Restaurants Inc. on September 25, 2023.