Good Times Restaurants reports Q2 Good Times brand SSS up 0.9%

The company states: “Good Times Restaurants announced that same store sales increased 0.9% for its Good Times brand and decreased 3.2% for its Bad Daddy’s brand compared to the same prior-year fiscal quarter and average weekly sales2 were $27,133 and $50,880 for its Good Times and Bad Daddy’s brands, respectively, for its second fiscal quarter ended March 26, 2024.” Ryan Zink, CEO, said “The strength of our Good Times brand is clearly evident from this quarter’s sales performance. Our Colorado-based brand delivered positive same store sales despite significantly unfavorable weather during the quarter. The sequential improvement in Bad Daddy’s same store sales is encouraging, with same store declines nearly half of what we saw in the first fiscal quarter. The more impressive trend is that, like many in the casual dining space, we saw a weak January but this was then offset by improving trends throughout the quarter, with a particularly strong March in spite of our Colorado Bad Daddy’s being affected by the same unfavorable weather impacting our Good Times brand.”