GTIM - Good Times Restaurants' Bad Daddy's same-store sales grew 61.4% Y/Y
Good Times Restaurants (GTIM) reports Q3 same store sales for its Good Times brand increased 2.9% Y/Y.Same store sales for Bad Daddy’s brand increased 61.4% Y/Y, driven by reductions in COVID-19-related restrictions and the rollover of prior-year impacts of the pandemic.Ryan Zink, President and CEO, said, “We are pleased with the sales results from both brands, as sales have returned to 2019 levels at Bad Daddy’s and at Good Times are seeing only marginal year-over-year sales declines as we lap dining room restrictions from last year. Additionally, during the quarter we opened our 40th Bad Daddy’s restaurant in the greater Atlanta market. The restaurant opened as the leading sales restaurant for us in this market and is achieving our target for new restaurant volumes.”
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Good Times Restaurants' Bad Daddy’s same-store sales grew 61.4% Y/Y