GTIM

Good Times Restaurants Inc.
7 filings tracked
consumer discretionaryrestaurantsMICRO (<$300M)

Company Intelligence Hub

Filing history, signal momentum, and bull/bear evolution

Chronological Filing Evolution (Click to filter / toggle)

Thesis (Bull Case Evolution)

Good Times Restaurants Inc. has demonstrated a successful pivot toward capital efficiency, transforming from a loss-making entity to a profitable operation in the most recent quarter.…

Bullish Outlook

Antithesis (Bear Case / Structural Risks)

Despite the headline shift to profitability, the underlying operational health of Good Times Restaurants remains precarious. Net revenues fell 3.1% year-over-year to $33.2 million, and same-store sales for both Bad Daddy's and Good Times brands remain negative.…

Risk Factors

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Synthesis (Verdict & Resolution)

The latest 10-Q reveals a company at a critical inflection point, attempting to trade aggressive expansion for operational stability. While the transition to positive net income and a surge in operating cash flow are positive signals, they are currently decoupled from top-line growth. The company is successfully managing its internal costs, but it has yet to solve the fundamental challenge of declining guest traffic and negative same-store sales. Investors are left weighing a lean, cash-flow-positive operator against a shrinking revenue base and significant lease obligations. The ability of management to leverage its remaining credit capacity and marketing investments to flip the traffic trend will determine if this is a sustainable turnaround or a temporary reprieve achieved through austerity. The focus now shifts to whether the brand can regain its appeal without further eroding the customer base through price hikes.

Selected Quarter

Core Takeaway

The company has successfully shifted to a cash-flow-positive model, but organic growth remains elusive as same-store sales continue to slide.

Investor Lens

The trade-off between short-term margin expansion and long-term brand erosion via negative same-store sales.

Watch Next

Same-store sales trends and the utilization of the $7M share repurchase program.

Signal Momentum Chart

Quarterly net bull/bear signal ratio. Click nodes to select a quarter.

BULLISH (+1.0)NEUTRAL (0.0)BEARISH (-1.0)+0.30Q2 '26 (10-Q)

Signal Timeline

Active Filters:Quarter: Q2 '26 (10-Q)
bullishMay 7

Company swung from a net loss to a net profit of $159k in the quarter.

earnings beat
70%
bullishMay 7

Food and packaging costs decreased by 100 basis points as a percentage of sales.

margin expansion
60%
bearishMay 7

Net revenues decreased 3.1% year-over-year.

earnings miss
50%
bullishMay 7

Maintains a $7 million share repurchase authorization.

buyback
40%
bullishMay 7

Company swung from a net loss to a net profit of $159k in the quarter.

earnings beat
70%
bullishMay 7

Food and packaging costs decreased by 100 basis points as a percentage of sales.

margin expansion
60%
bearishMay 7

Net revenues decreased 3.1% year-over-year.

earnings miss
50%
bullishMay 7

Maintains a $7 million share repurchase authorization.

buyback
40%
bullishMay 7

Company swung from a net loss to a net profit of $159k in the quarter.

earnings beat
70%
bullishMay 7

Food and packaging costs decreased by 100 basis points as a percentage of sales.

margin expansion
60%
bearishMay 7

Net revenues decreased 3.1% year-over-year.

earnings miss
50%
bullishMay 7

Maintains a $7 million share repurchase authorization.

buyback
40%
bullishMay 7

Company swung from a net loss to a net profit of $159k in the quarter.

earnings beat
70%
bullishMay 7

Food and packaging costs decreased by 100 basis points as a percentage of sales.

margin expansion
60%
bearishMay 7

Net revenues decreased 3.1% year-over-year.

earnings miss
50%
bullishMay 7

Maintains a $7 million share repurchase authorization.

buyback
40%
bullishMay 7

Company swung from a net loss to a net profit of $159k in the quarter.

earnings beat
70%
bullishMay 7

Food and packaging costs decreased by 100 basis points as a percentage of sales.

margin expansion
60%
bearishMay 7

Net revenues decreased 3.1% year-over-year.

earnings miss
50%
bullishMay 7

Maintains a $7 million share repurchase authorization.

buyback
40%
bullishMay 7

Company swung from a net loss to a net profit of $159k in the quarter.

earnings beat
70%
bullishMay 7

Food and packaging costs decreased by 100 basis points as a percentage of sales.

margin expansion
60%
bearishMay 7

Net revenues decreased 3.1% year-over-year.

earnings miss
50%
bullishMay 7

Maintains a $7 million share repurchase authorization.

buyback
40%
bullishMay 7

Company swung from a net loss to a net profit of $159k in the quarter.

earnings beat
70%
bullishMay 7

Food and packaging costs decreased by 100 basis points as a percentage of sales.

margin expansion
60%
bearishMay 7

Net revenues decreased 3.1% year-over-year.

earnings miss
50%
bullishMay 7

Maintains a $7 million share repurchase authorization.

buyback
40%

Filing History

10-QMay 7, 2026
Expand Sequence

The latest 10-Q reveals a company at a critical inflection point, attempting to trade aggressive expansion for operational stability. While the transition to positive net income and a surge in operating cash flow are positive signals, they are currently decoupled from top-line growth. The company is successfully managing its internal costs, but it has yet to solve the fundamental challenge of declining guest traffic and negative same-store sales. Investors are left weighing a lean, cash-flow-positive operator against a shrinking revenue base and significant lease obligations. The ability of management to leverage its remaining credit capacity and marketing investments to flip the traffic trend will determine if this is a sustainable turnaround or a temporary reprieve achieved through austerity. The focus now shifts to whether the brand can regain its appeal without further eroding the customer base through price hikes.

Disclaimer: The synthesis provided is generated by AI models and should not be construed as investment advice. Analysis is based solely on regulatory data present at the time of publication. Consult a financial advisor for specific investment strategies.