Good Times Restaurants Inc. (GTIM) Form 10-Q — Aug 6, 2026
Good Times Restaurants' fiscal Q3 2026 net revenues fell 5.0% to $35.2 million from $37.0 million a year ago, driven by fewer operating restaurants and softer customer traffic at Bad Daddy's Burger Bar, partially offset by roughly 2.5% average menu price increases. Despite the sales decline, net income rose to $1.96 million ($0.18 diluted EPS) from $1.55 million ($0.14), and Adjusted EBITDA grew to $2.45 million from $2.07 million, as food, labor, and G&A costs all improved as a percentage of sales. Year-to-date revenues were down 6.1% to $101.1 million (the prior-year period included an extra 53rd week), while net income more than doubled to $2.31 million.
Key figures
- Eps
- 0.18
- Revenue
- 35167000
- Net Income
- 1955000
- Total Debt
- 318000
- Revenue Yoy
- -5.0%
- Total Assets
- 80185000
- Cash Position
- 3597000
- Shares Outstanding
- 10557896
- Ytd Revenue
- 101105000
- Ytd Net Income
- 2312000
- Ytd Diluted Eps
- 0.21
- Ytd Revenue Yoy
- -6.1%
- Impairments Ytd
- 245000
- Adjusted Ebitda Q3
- 2454000
- Buyback Remaining
- 1981000
- Revolver Maturity
- April 20, 2028
- Adjusted Ebitda Ytd
- 5081000
- Revolver Available
- 7990000
- Casualty Event Gain Q3
- 176000
- Operating Cash Flow Ytd
- 3698000
- Company Owned Bad Daddys
- 36
- Company Owned Good Times
- 25
- Working Capital Deficit
- 7649000
- Ytd Net Income Prior Year
- 1092000
- Ytd Diluted Eps Prior Year
- 0.1
- Revolving Credit Capacity
- 8000000
- Adjusted Ebitda Q3 Prior Year
- 2071000
- Bad Daddys Same Store Sales Q3
- -2.3%
- Good Times Same Store Sales Q3
- +0.6%
- Adjusted Ebitda Ytd Prior Year
- 4358000
- Bad Daddys Same Store Sales Ytd
- -1.5%
- Good Times Same Store Sales Ytd
- -1.0%
- Operating Cash Flow Ytd Prior Year
- 1461000
- Shares Repurchased Program To Date
- 1822246
Price after filing
Close on the filing date to close N calendar days later (from $1.40). Historical, not a forecast.
AI analysis
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