2023-07-18 16:53:48 ET
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Good Times Restaurants ( NASDAQ: GTIM ) reported a 2.2% increase in third-quarter same-store sales for its Good Times brand on Tuesday.
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The restaurant operator said Q3 same-store sales fell 1.4% for its Bad Daddy’s brand.
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Average weekly sales were $31,073 and $52,081 for its Good Times and Bad Daddy’s brands, respectively, in Q3.
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"In spite of unfavorable weather comparisons in Colorado we again reported positive same store sales at our Good Times restaurants. At Bad Daddy’s, we reported a decline in same store sales. The sales losses were concentrated in our Atlanta and Chattanooga markets," CEO Ryan Zink said in a statement.
For further details see:
Good Times Restaurants says Q3 same-store sales up for namesake brand