Good Times Restaurants Q2 EPS $0.06 Down From $0.89 YoY, Sales $35.44M Up From $34.78M YoY
Portfolio Pulse from Benzinga Newsdesk
Good Times Restaurants (GTIM) reported a significant decrease in Q2 EPS to $0.06 from $0.89 YoY, while sales slightly increased to $35.44M from $34.78M YoY.
May 02, 2024 | 9:08 pm
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Good Times Restaurants reported a drastic decrease in Q2 EPS to $0.06 from $0.89 YoY, with a minor sales increase to $35.44M from $34.78M YoY.
The significant decrease in EPS indicates a substantial drop in profitability YoY, which is likely to negatively impact investor sentiment and the stock price in the short term. The slight increase in sales may not be sufficient to offset concerns about the decreased earnings.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100