Good Times Restaurants Announces That Same Store Sales Decreased 0.1% For Its Good Times Brand And Increased 3.2% For Its Bad Daddy's Brand For Q4 Ended September 24, 2024 Vs YoY
Portfolio Pulse from Benzinga Newsdesk
Good Times Restaurants Inc. reported a slight decrease of 0.1% in same store sales for its Good Times brand and a 3.2% increase for its Bad Daddy's brand in Q4 2024 compared to the previous year. For the fiscal year 2024, Good Times saw a 2.9% increase, while Bad Daddy's experienced a 1.2% decrease in same store sales.
October 15, 2024 | 8:08 pm
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Good Times Restaurants Inc. reported mixed same store sales results for Q4 2024, with a slight decrease for Good Times and a notable increase for Bad Daddy's. The fiscal year results show a positive trend for Good Times but a decline for Bad Daddy's.
The mixed results in same store sales for Q4 2024 and the fiscal year indicate a stable but challenging environment for Good Times Restaurants. The slight decrease in Good Times brand sales and the increase in Bad Daddy's brand sales suggest a balanced impact on the company's overall performance. The fiscal year results show a positive trend for Good Times but a decline for Bad Daddy's, which may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100