Good Times Restaurants Q4 EPS $(0.02) Up From $(0.10) YoY, Sales $34.32M Down From $35.19M YoY
Portfolio Pulse from Benzinga Newsdesk
Good Times Restaurants (GTIM) reported a narrower Q4 loss of $(0.02) per share compared to $(0.10) per share in the same quarter last year. However, sales decreased by 2.46% to $34.32M from $35.19M year-over-year.
December 14, 2023 | 9:06 pm
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Good Times Restaurants reported improved Q4 earnings with a reduced loss per share, but experienced a slight decline in sales compared to last year.
The reduced quarterly loss per share indicates improved profitability, which could be viewed positively by investors. However, the decrease in sales suggests a potential concern for growth, which might offset the positive impact of the earnings improvement. The net effect could be neutral in the short term as the market weighs both factors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100