Good Times Restaurants Q1 2024 EPS $(0.05) Down From $(0.01) YoY, Revenue $33.123M Down From $33.394M YoY
Portfolio Pulse from Benzinga Newsdesk
Good Times Restaurants reported a Q1 2024 EPS of $(0.05), a decrease from $(0.01) year-over-year. Revenue also decreased to $33.123M from $33.394M in the same period last year.
January 31, 2024 | 9:43 pm
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Good Times Restaurants experienced a decline in both EPS and revenue in Q1 2024 compared to the previous year, indicating potential challenges in profitability and growth.
The reported decrease in both EPS and revenue for Good Times Restaurants suggests that the company is facing profitability issues, which could negatively impact investor sentiment and the stock price in the short term. The year-over-year comparison showing a decline is typically a bearish signal for the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100