Good Times Restaurants 2025 Q3 Earnings Earnings Rise as Net Income Grows 10.5%

Good Times Restaurants (GTIM) reported its fiscal 2025 Q3 earnings on August 8, 2025. The results showed a mixed performance, with net income growth outpacing revenue declines and management outlining strategic moves to reverse sales trends.

Good Times Restaurants (GTIM) reported its fiscal 2025 Q3 earnings on August 8, 2025. The results showed a mixed performance, with net income growth outpacing revenue declines and management outlining strategic moves to reverse sales trends.

Revenue

Total revenue for Good Times Restaurants declined by 2.4% year-over-year to $37.02 million in Q3 2025. Restaurant sales accounted for the lion’s share of the revenue stream, contributing $36.87 million, while franchise and other revenues added $156,000 to the total net revenue figure.

Earnings/Net Income

The company’s earnings showed a positive trend, with EPS increasing by 16.7% to $0.14 in Q3 2025, compared to $0.12 in the same period last year. Net income also climbed by 10.5% to $1.54 million, up from $1.40 million in Q3 2024. These results reflect improved profitability, despite the revenue contraction.

Price Action

The stock price of Good Times Restaurants has experienced a downward trend in recent trading periods. Over the latest trading day, the stock fell 0.72%, while over the past full trading week, it declined by 3.50%. The month-to-date loss was more pronounced, with a drop of 18.82%.

Post Earnings Price Action Review

The strategy of buying Good Times Restaurants shares on the earnings date and holding for 30 days yielded limited returns and underperformed the broader market. While there was some capital appreciation, the performance was lackluster compared to the S&P 500’s gains during the same period. This suggests that the market did not react strongly to the earnings report, despite the earnings growth.

CEO Commentary

Ryan M. Zink, Chief Executive Officer, expressed disappointment over the sales performance of both the Bad Daddy’s and Good Times brands. He noted that Good Times saw a significant decline in sales, although Bad Daddy’s showed improvement in May and June. Cost controls and reduced general and administrative expenses helped bolster profitability. Zink emphasized the company’s strategic shift, including the hiring of Jason Murphy as Senior Director of Marketing and the launch of the “Colorado Native Burgers” campaign to highlight the brand’s heritage. The campaign includes outdoor, social, and streaming video advertising, as well as website and app redesigns. The CEO outlined the company’s focus on improving traffic, unit-level economics, and overhead efficiency, while maintaining guest experience.

Guidance

The company did not provide explicit forward-looking financial guidance for future periods. However, it outlined strategic actions intended to address sales declines, including a new brand campaign for Good Times, marketing leadership changes, and continued focus on cost control and operational efficiency. The CEO emphasized the importance of improving traffic trends and unit economics while balancing cost reductions with guest experience considerations. No specific revenue, EPS, or profitability targets were stated for future quarters.

Additional News

On August 8, 2025, the WAEC announced the revised 2025 WASSCE results following a grading error and issued an apology. Meanwhile, the Red Cross launched the second phase of its food intervention program in Lagos. In politics, President Tinubu approved measures to address pension backlogs and enhance welfare. Additionally, Nigerian law enforcement reported the arrest of a ritualist in Akwa Ibom for allegedly creating bulletproof charms for robbers. In business, Stanbic IBTC announced that 148 customers won N23 million in a savings promotion.