Oct. 15 at 8:11 PM
$GTIM Good Times Restaurants reports Q4 SSS down 0.1% for Good Times brand
Good Times Restaurants announced that same store sales decreased 0.1% for its Good Times brand and increased 3.2% for its Bad Daddy's brand for its fourth fiscal quarter ended September 24, 2024, compared to the prior-year fiscal quarter. For the 2024 fiscal year, same store sales increased 2.9% and decreased 1.2% for its Good Times and Bad Daddy's brands, respectively, compared to the prior fiscal year.
Ryan Zink, President and CEO, said, "Our Good Times brand has been negatively impacted by the return of deep discounting in the quick-service environment. We remain committed to our quality position and cannot match the low-price points of the mass market competition. Bambinos, our signature sliders, represent a great value option on our menu. We intend to more prominently feature both the single and three-pack options. We are also excited about the introduction of a Bambino Supremo three-pack in November for a limited time, which includes pickles, bacon, and white American cheese.
