During the corresponding time, Good Times Restaurants Inc sequentially revenue grew by 5.82 %. While revenue at the Good Times Restaurants Inc 's corporate clients
Good Times Restaurants Inc's Comment on Sales, Marketing and Customers
The company operates all of its restaurant businesses within the United States. Its operations are influenced by general economic conditions and international supply chain challenges, including increased costs from tariffs on food, paper, and operating supplies. The company utilizes proceeds from its credit facility to support new restaurant development and to finance buyouts and acquisitions related to its restaurant operations. Cadence Bank is identified as a customer or market in the company's filings.
In a recent financial disclosure, Good Times Restaurants Inc. (Nasdaq: GTIM), the operator of both Bad Daddy s Burger Bar and Good Times Burgers and Frozen Custard, provided insights into its performance for the fourth fiscal quarter ending September 24, 2024. The restaurant industry, which faces evolving consumer preferences and market challenges, reflects a complex landscape for operators like Good Times as they navigate the post-pandemic recovery phase.During this quarter, Good Times reported a marginal decline in same store sales for its Good Times brand, experiencing a decrease of 0.1%. Conversely, its Bad Daddys brand showcased a commendable increase of 3.2% in the same metric, underscoring a significa...
Good Times Restaurants Inc’s Comment on Sales, Marketing and Customers
The company operates all of its restaurant businesses within the United States. Its operations are influenced by general economic conditions and international supply chain challenges, including increased costs from tariffs on food, paper, and operating supplies. The company utilizes proceeds from its credit facility to support new restaurant development and to finance buyouts and acquisitions related to its restaurant operations. Cadence Bank is identified as a customer or market in the company's filings.
Sources:
Good Times Restaurants Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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