Trade Good Times - GTIM CFD

About Good Times Restaurants Inc.

Good Times Restaurants Inc. operates and franchises Bad Daddy’s Burger Bar restaurants (BDBB or Bad Daddy’s) and Good Times Burgers & Frozen Custard (GTBFC or Good Times) restaurants. The Company, through its subsidiaries, own, operate, franchise or license an approximately 42 Bad Daddy’s restaurants in seven states. It owns and operates approximately 14 Bad Daddy’s restaurants in North Carolina, 12 traditional Bad Daddy’s restaurants in Colorado and one non-traditional unit in Colorado where Bad Daddy’s operates the kitchen for a local brewery under its brand, five in Georgia, three in South Carolina, two in Alabama, two in Tennessee and one in Oklahoma. The Company owns and operates or franchise thirty-two total Good Times restaurants. Of these restaurants, thirty are in Colorado. Two of the restaurants are dual brand concept restaurants operated by a franchisee of both Good Times and Taco John’s.

Financial summary

BRIEF: For the 13 weeks ended 28 December 2021, Good Times Restaurants Inc. revenues increased 21% to $32.9M. Net income decreased 59% to $330K. Revenues reflect Bad Daddy's segment increase from $8.5M to $24.7M, Comparable Store Sales Growth Rate -Bad increase from 11.8 to 24%. Net income was offset by Bad Daddy's segment income decrease of 72% to $308K. Basic Earnings per Share excluding Extraordinary Items decreased from $0.06 to $0.03.

Equity composition

Common Stock $.001 Par, 02/11, 50M auth., 2,726,214 issd. Insiders own 70.90%. IPO 9/94, 1.6M Units (2 Com.+ 1 Warr.) @$3.50 byCo. PO 2/94, 1.4M Units (2 Com. + 1 Sr. B Com.) @ $2.50 by the Co. Pref. Stk. $.01 Par, 5M auth., 0 issd. *FY'96 - '97 Q's are reclass. 12/10, 1-for-3 reverse split.