GTIM - Good Times Restaurants FQ1 same-store sales

Good Times Restaurants (GTIM) reports same store sales for its Good Times brand increased 22.1% Y/Y for FQ1.Bad Daddy’s brand same store sales decreased 11.8% Y/Y, driven by the impact of the COVID-19 pandemic and associated government restrictions related to restaurant dining rooms, including the closure of dining rooms in its twelve Colorado Bad Daddy’s for part of November and all of December. The company ended the quarter with ~$10M in cash, $4M outstanding on its revolving credit facility with Cadence Bank and $11.6M in outstanding PPP loans.

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Good Times Restaurants FQ1 same-store sales