Good Times Restaurants Inc. reported mixed results for Q1 FY2026, with total revenues declining year-over-year due to fewer operating weeks, but demonstrating improved profitability and sequential same-store sales growth. The company is focusing on increasing guest traffic through product enhancements and strategic promotional shifts.
Net Income Attributable to Common Shareholders was $0.2 million ($0.02 per share) for the quarter, showing improvement in profitability despite fewer operating weeks.
positiveAdjusted EBITDA was $1.3 million for the quarter, indicating stable operational performance.
positiveSame Store Sales showed meaningful improvement over the prior quarter for both Bad Daddy's Burger Bar and Good Times restaurants.
positiveRestaurant-level operating profit margin improved to 13.1% from 12.2% in the prior year quarter.
positiveTotal Revenues decreased to $32.7 million from $36.3 million in the prior year quarter, impacted by a calendar shift reducing operating weeks by one.
attentionSame Store Sales for company-owned Bad Daddy’s restaurants decreased 1.2% and for Good Times restaurants decreased 3.1% compared to the prior year quarter.
negativeAverage weekly sales per restaurant decreased at Good Times Burgers & Frozen Custard to $26.1 from $27.1 in the prior year quarter.
negativeThe company ended the quarter with $3.3 million in cash, a decrease from $2.6 million at the end of the previous quarter, while long-term debt remained at $1.8 million.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Bad Daddy’s Burger Bar | N/A | — | — | — |
Good Times Burgers & Frozen Custard | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Focus on increasing guest traffic through product enhancements and operational efficiencies.
Implementation of cook-to-order for burgers at Good Times to improve product quality and value.
Strategic shift to monthly food features at Bad Daddy's to drive guest frequency and operational manageability.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.