GTIM · Good Times Restaurants Inc.

Good Times Restaurants Inc. reported fiscal 2026 second quarter results reflecting revenue pressure from a 3.1% decline to $33.2 million, driven by 0.8% same-store sales decreases at both Bad Daddy’s and Good Times brands amid intensifying competition and cost pressures. Restaurant sales fell to $33.1 million from $34.1 million year-over-year, with food and packaging costs improving to 29.7% of sales for Good Times (from 30.7%) and Bad Daddy’s margins holding steady at 13.8%. The company swung to net income of $149 thousand ($0.01 diluted EPS) from a $624 thousand loss last year, supported by lower general and administrative costs ($2.2 million vs. $2.6 million) and reduced impairment charges. Adjusted EBITDA reached $1.4 million, with sequential same-store sales improvement noted by CEO Ryan M. Zink. Restaurant-level operating profit edged up to $4.4 million (13.4% margin) from $4.3 million (12.7% margin), reflecting better Good Times profitability (10.1% vs. 8.6%). Balance sheet strengthened with cash at $2.7 million (up from $2.6 million at FY end) and long-term debt reduced to $1.0 million, enhancing liquidity. Management highlighted new Good Times creative campaigns launching late Q3 with cheese curds return and Bambinos promotion, plus Bad Daddy’s Monthly Drops for value and margin accretion. A conference call was held on May 7, 2026, at 5:00 p.m. ET to review results.