Tearsheet

Good Times Restaurants (GTIM)

Market Price (12/4/2025): $1.25 | Market Cap: $13.2 Mil
Sector: Consumer Discretionary | Industry: Restaurants

Good Times Restaurants (GTIM)

Market Price (12/4/2025): $1.25
Market Cap: $13.2 Mil
Sector: Consumer Discretionary
Industry: Restaurants

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7%	Weak multi-year price returns 2Y Excs Rtn is -101%, 3Y Excs Rtn is -123%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 214%
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32%		Weak revenue growth Rev Chg QQuarterly Revenue Change % is -2.4%
2	Megatrend and thematic drivers Megatrends include Experience Economy & Premiumization, Vegan & Alternative Foods, and E-commerce & Digital Retail. Themes include Experiential Retail, Show more.		Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2%

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7%
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32%
2	Megatrend and thematic drivers Megatrends include Experience Economy & Premiumization, Vegan & Alternative Foods, and E-commerce & Digital Retail. Themes include Experiential Retail, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -101%, 3Y Excs Rtn is -123%
4	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 214%
5	Weak revenue growth Rev Chg QQuarterly Revenue Change % is -2.4%
6	Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$1.25	$2.59	$2.54	$2.24	$4.34
Market Cap CYE ($ Mil)	13.2	27.7	28.9	27.0	54.3
Total Debt ($ Mil)	43.2	44.4	48.9	51.0	54.7
Total Cash ($ Mil)	3.1	3.9	4.2	8.9	8.9
Enterprise Value ($ Mil)	53.3	72.1	77.8	78.0	109.0
Valuation Ratios
P/S TTM	0.1	0.2	0.2	0.2	0.4
P/EBIT TTM	22.8	20.7	31.1	-31.8	3.0
P/E TTM	14.9	17.7	2.7	-10.6	3.3
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.8	1.4
P/EBIT TTM (Sector)	7.6	8.0	7.8	6.3	8.3
P/E TTM (Sector)	10.4	11.1	10.7	8.4	10.8

	12/4/25	2024	2023
Share Price CYE	$1.25	$2.59	$2.54
Market Cap CYE ($ Mil)	13.2	27.7	28.9
Total Debt ($ Mil)	43.2	44.4	48.9
Total Cash ($ Mil)	3.1	3.9	4.2
Enterprise Value ($ Mil)	53.3	72.1	77.8
Valuation Ratios
P/S TTM	0.1	0.2	0.2
P/EBIT TTM	22.8	20.7	31.1
P/E TTM	14.9	17.7	2.7
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9
P/EBIT TTM (Sector)	7.6	8.0	7.8
P/E TTM (Sector)	10.4	11.1	10.7

	GTIM	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	0.1
Rev Chg Q	-2.4%	7.1%
Rev Chg LTM	1.8%	6.1%
Rev Chg 3Y Avg	1.6%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.0
CFO LTM ($ Bil)	0.0
Net Inc LTM ($ Bil)	0.0
Op Mgn LTM	1.1%	18.8%
CFO/Rev LTM	1.3%	20.5%
Net Inc Mgn	0.9%	13.1%
VALUATION	VERY LOW
P/S	0.1	3.2
P/CFO	10.1	15.8
P/FCF	-10.6	20.5
P/E	14.9	23.5
STABILITY	VERY POOR
Debt/Equity	2.31	0.20
Cash/Assets	0.04	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Same-Store Sales Decrease (Bad Daddy's Burger Bar)	-1.4%	7012025	Link
Average Weekly Sales (Good Times Restaurants)	$31,780	6252024	Link
Number of Bad Daddy's Burger Bar Restaurants (Company-owned and Licensed)	40	5082025	Link
Comparable Restaurants in Comp Base (Good Times Restaurants)	27	8082025	Link
Comparable Restaurants in Comp Base (Bad Daddy's Burger Bar)	39	8082025	Link
Same-Store Sales Decrease (Good Times Restaurants)	-9.0%	7012025	Link
Average Weekly Sales (Bad Daddy's Burger Bar)	$52,555	6252024	Link
Number of Good Times Restaurants (Company-owned and Franchised)	30	5082025	Link

Upcoming
12/11/2025	Earnings Release	Rev: - EPS: -

GTIM Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

1. Declining Same-Store Sales in Q3 2025. Good Times Restaurants experienced a notable decline in same-store sales for both its brands in the third fiscal quarter ended July 1, 2025, with Bad Daddy's restaurants seeing a 1.4% decrease and Good Times restaurants a more substantial 9.0% decrease compared to the same quarter in fiscal year 2024. These results, released on August 7, 2025, likely contributed to negative investor sentiment entering the specified period.

2. Revenue Contraction in Q3 2025. For the third fiscal quarter ended July 1, 2025, Good Times Restaurants reported a 2.4% decrease in total revenues, falling to $37.03 million from $37.95 million in the prior year's third quarter. This revenue decline, despite a slight increase in net income, signals a challenging operational environment and could pressure stock performance.

3. Significant Long-Term Stock Price Depreciation. Leading up to December 2025, Good Times Restaurants Inc. stock had demonstrated a substantial negative trend, including a 51.32% decrease over the preceding year and a 14.57% fall in the last month. This broader context of sustained stock value erosion indicates underlying systemic issues or prolonged investor pessimism that would encompass a 25.1% drop within a few months.

4. Weak Financial Outlook and Negative Signals. As of December 3, 2025, analyses indicated that GTIM continued to exhibit "several negative signals" and was in a "very wide and falling trend," with expectations of continued weak performance in the near term. This outlook for ongoing struggles would deter investors and contribute to further stock depreciation.

5. Decreased Annual Net Income in Fiscal Year 2024. Good Times Restaurants' net income attributable to common shareholders for the fiscal year ended September 24, 2024, was $1.6 million, representing a significant 85.45% decrease compared to the previous fiscal year. This substantial drop in annual profitability would remain a key concern for investors impacting the stock's valuation into fiscal year 2025.

Show less

Stock Movement Drivers

Fundamental Drivers

The -26.9% change in GTIM stock from 9/3/2025 to 12/3/2025 was primarily driven by a -26.9% change in the company's P/E Multiple.

	9032025	12032025	Change
Stock Price ($)	1.71	1.25	-26.90%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	143.40	143.40	0.00%
Net Income Margin (%)	0.88%	0.88%	0.00%
P/E Multiple	14.40	10.52	-26.90%
Shares Outstanding (Mil)	10.58	10.58	0.00%
Cumulative Contribution			-26.90%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
GTIM	-26.9%
Market (SPY)	6.2%	8.8%
Sector (XLY)	3.5%	3.2%

Fundamental Drivers

The -26.9% change in GTIM stock from 6/4/2025 to 12/3/2025 was primarily driven by a -36.8% change in the company's P/E Multiple.

	6042025	12032025	Change
Stock Price ($)	1.71	1.25	-26.90%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	144.32	143.40	-0.64%
Net Income Margin (%)	0.76%	0.88%	15.96%
P/E Multiple	16.66	10.52	-36.83%
Shares Outstanding (Mil)	10.63	10.58	0.43%
Cumulative Contribution			-26.90%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
GTIM	-26.9%
Market (SPY)	15.1%	10.8%
Sector (XLY)	11.5%	6.8%

Fundamental Drivers

The -54.0% change in GTIM stock from 12/3/2024 to 12/3/2025 was primarily driven by a -59.9% change in the company's P/E Multiple.

	12032024	12032025	Change
Stock Price ($)	2.72	1.25	-54.04%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	140.89	143.40	1.78%
Net Income Margin (%)	0.80%	0.88%	9.00%
P/E Multiple	26.25	10.52	-59.91%
Shares Outstanding (Mil)	10.93	10.58	3.21%
Cumulative Contribution			-54.09%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
GTIM	-54.0%
Market (SPY)	14.3%	19.9%
Sector (XLY)	7.4%	15.8%

Fundamental Drivers

The -48.1% change in GTIM stock from 12/4/2022 to 12/3/2025 was primarily driven by a -58.0% change in the company's P/S Multiple.

	12042022	12032025	Change
Stock Price ($)	2.41	1.25	-48.13%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	136.53	143.40	5.03%
P/S Multiple	0.22	0.09	-58.05%
Shares Outstanding (Mil)	12.46	10.58	15.05%
Cumulative Contribution			-49.31%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
GTIM	-51.7%
Market (SPY)	53.2%	18.0%
Sector (XLY)	42.3%	13.3%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
GTIM Return	79%	52%	-48%	13%	2%	-51%	-19%
Peers Return	13%	24%	-13%	3%	-20%	-8%	-7%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
GTIM Win Rate	50%	42%	33%	50%	50%	20%
Peers Win Rate	55%	57%	43%	47%	35%	42%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
GTIM Max Drawdown	-72%	-3%	-52%	0%	-14%	-53%
Peers Max Drawdown	-46%	-6%	-27%	-17%	-28%	-31%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: MCD, CVS, TGT, WEN, JACK. See GTIM Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	GTIM	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-63.4%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	173.1%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-74.7%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	295.6%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	246 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-71.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	255.7%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	615 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-88.0%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	733.3%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	Not Fully Recovered days	1480 days

Compare to MCD, CVS, TGT, WEN, JACK

In The Past

Good Times Restaurants's stock fell -63.4% during the 2022 Inflation Shock from a high on 10/5/2021. A -63.4% loss requires a 173.1% gain to breakeven.

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About Good Times Restaurants (GTIM)

Good Times Restaurants Inc., through its subsidiaries, engages in the restaurant business in the United States. The company operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant. As of December 15, 2021, it operated, franchised, or licensed 42 Bad Daddy's Burger Bar restaurants; and 32 Good Times Burgers & Frozen Custard restaurants. The company was incorporated in 1987 and is based in Golden, Colorado.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies to describe Good Times Restaurants (GTIM):

A parent company for restaurant concepts similar to Shake Shack and Red Robin, focused on premium burgers.
A specialized mini-Yum! Brands focused only on premium burger chains.

AI Generated Analysis | Feedback

Good Times Burgers & Frozen Custard: A quick-service restaurant concept offering a menu of burgers, chicken sandwiches, fries, and a variety of frozen custard desserts.
Bad Daddy's Burger Bar: A full-service, upscale casual dining restaurant concept specializing in gourmet burgers, chopped salads, appetizers, and a selection of craft beers and cocktails.

AI Generated Analysis | Feedback

Good Times Restaurants (GTIM) primarily sells its products and services directly to individuals through its restaurant operations.

The company operates two distinct restaurant brands, catering to different categories of individual customers:

Customer Categories:

Individuals and Families Seeking Quick, Convenient, and Value-Oriented Meals:
This category primarily consists of customers of Good Times Burgers & Frozen Custard. These diners are looking for fast service, convenience (often via drive-thru), and an affordable menu for lunch, dinner, or snacks. They value classic American fast-food items and frozen custard for a quick and satisfying experience.
Diners Seeking a Full-Service, Casual Dining Experience with Gourmet Burgers and Craft Beverages:
This category primarily encompasses customers of Bad Daddy's Burger Bar. These individuals and groups are looking for a more relaxed, sit-down dining experience. They appreciate the focus on gourmet burgers, fresh ingredients, customizable options, and a menu that often includes craft beers and cocktails, suitable for a casual lunch or dinner outing.

AI Generated Analysis | Feedback

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AI Generated Analysis | Feedback

Ryan Zink, President, Chief Executive Officer, Interim Principal Financial Officer, and Principal Accounting Officer

Mr. Zink has served as President and Chief Executive Officer of Good Times Restaurants Inc. since April 2020. Prior to this, he was the company's Acting Chief Executive Officer and Chief Financial Officer, roles he held concurrently starting in October 2019. He was initially appointed as Chief Financial Officer and Treasurer in July 2017. Before joining Good Times, Mr. Zink held positions with INVISTA, a subsidiary of Koch Industries Inc., as Corporate Finance Director. He also gained diverse leadership experience across accounting, finance, technology, and operations with F&H Acquisition Corp., the parent company of the Fox and Hound and Champps restaurant brands, where he served as Senior Vice President of Finance and Chief Operating Officer for the Champps concept. Mr. Zink began his career as an auditor with KPMG.

Keri A. August, Senior Vice President of Finance and Accounting and Corporate Secretary

Ms. August was appointed Senior Vice President of Finance and Accounting and Corporate Secretary on January 2, 2024. She joined Good Times Restaurants after serving as a consultant providing accounting leadership to the company from August 2023. Previously, Ms. August was employed by InfoSync Services, a firm specializing in restaurant accounting outsourcing, where her most recent role was Vice President FAO, a position she held since April 2022. She held various progressive leadership roles at InfoSync Services from September 2011 to April 2022. Her career began in public accounting with EY, and she has held various individual and supervisory finance and accounting roles within the hospitality and manufacturing industries.

Donald L. Stack, Senior Vice President of Operations for Good Times Burgers & Frozen Custard

Mr. Stack was named Senior Vice President of Operations for Good Times Burgers & Frozen Custard in February 2022, succeeding Scott LeFever. He brings 45 years of restaurant experience, starting in quick-service restaurants as a teenager. His background includes developing into a Senior Vice President of Operations at a parent company overseeing 93 restaurants across 17 states, including the Fox & Hound, Champps, and Bailey's restaurant concepts. Most recently, he served as a Regional Manager at Firebirds International, responsible for operations in five Midwest states. Mr. Stack announced his resignation effective May 31, 2025, with his responsibilities to be divided between CEO Ryan Zink and Craig Soto, who will become Director of Operations.

John Masterson, Culinary Director for Bad Daddy's Burger Bar

Mr. Masterson was appointed Culinary Director for Bad Daddy's Burger Bar in January 2024. He has a 13-year history with Bad Daddy's and has been instrumental in shaping the restaurant's culinary offerings. His journey at Bad Daddy's includes an initial role at Paco's Tacos & Tequila and a recent position as a multi-unit manager and culinary leader. His culinary philosophy is centered on expressing gratitude to the communities served, and he is known for his diverse background and passion for flavor exploration.

Dave Wallmann, Beverage Director for Bad Daddy's Burger Bar

Mr. Wallmann was appointed Beverage Director for Bad Daddy's Burger Bar in January 2024. He has been an integral part of the Bad Daddy's team for eight years. His background includes studies at Purdue University and culinary experiences in Hawai'i and elsewhere, which have fueled his passion for creating exceptional beverage experiences. Both Mr. Masterson and Mr. Wallmann have a track record of increasing revenue at the locations they oversaw.

AI Generated Analysis | Feedback

The rapid proliferation and increasing sophistication of "ghost kitchens" and virtual burger brands. These entities operate with significantly lower overhead than traditional brick-and-mortar restaurants, allowing them to potentially offer more competitive pricing or higher quality for delivery-focused consumers, directly siphoning off a growing segment of GTIM's off-premise sales.

AI Generated Analysis | Feedback

Good Times Restaurants Inc. (GTIM) operates two main restaurant concepts: Good Times Burgers & Frozen Custard, a quick-service drive-through dining restaurant, and Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant. The addressable markets for their products and services are primarily within the United States.

U.S. Fast Casual Restaurant Market: The fast-casual restaurant market in the United States, which includes Good Times Burgers & Frozen Custard, reached approximately USD 45.58 billion in 2024. This market is projected to grow to USD 84.76 billion by 2034, with a compound annual growth rate (CAGR) of 6.40% between 2025 and 2034. Another estimate projects the U.S. fast-casual restaurants market to grow by USD 84.5 billion from 2024-2029, accelerating at a CAGR of 13.7%. The market is also anticipated to reach USD 121.3 billion by 2032.
U.S. Casual Dining Market: Bad Daddy's Burger Bar operates within the casual dining sector. The global casual dining market size was valued at USD 333.02 billion in 2025 and is expected to reach USD 575.5 billion by 2035, growing at a CAGR of 5.5% from 2025 to 2035. North America accounts for 28% of the global casual dining market share.
U.S. Burger Restaurants Market: Encompassing both of GTIM's concepts, the burger restaurants industry in the United States is estimated to be $173.6 billion in 2025. The industry's revenue was anticipated to grow at a CAGR of 4.9% to $176.8 billion over the five years leading up to 2023. The U.S. holds a major share in the global burger market.

AI Generated Analysis | Feedback

Good Times Restaurants Inc. (GTIM) is expected to drive future revenue growth over the next 2-3 years through several key initiatives across its Bad Daddy's Burger Bar and Good Times Burgers & Frozen Custard brands. Here are the expected drivers of future revenue growth: * New Unit Development and Strategic Expansion: The company plans to expand its restaurant footprint, particularly for its Bad Daddy's Burger Bar concept. Good Times Restaurants is targeting strategic market expansion in high-potential regions, with a goal of opening 3-4 new Bad Daddy's locations in 2024. The Q3 2025 earnings call transcript also indicated that new unit development, especially for Bad Daddy's, is under consideration. * Menu Price Adjustments: Good Times Restaurants has implemented menu price increases, which have partially offset sales decreases and higher commodity costs in the past. The company continues to monitor competitor pricing and may implement further limited price increases to drive revenue. * Enhancing Customer Experience and Traffic: Efforts are focused on improving the overall guest experience to drive long-term sales and customer traffic. This includes improved kitchen execution, consistency, and product quality across both brands. The company is also rolling out new burger builds, testing new burger processes, and introducing new menu items like fried ice cream to enhance value perception and guest experience. * Operational Enhancements and Technology Upgrades: Good Times Restaurants is investing in technology upgrades to improve efficiency and customer service. This includes piloting a next-generation point-of-sale (POS) system and upgrading digital menu boards in all company-owned Good Times locations. Additionally, one Good Times location is trialing an AI-enabled order taker in its drive-thru, which has significantly reduced wait times and improved customer satisfaction, aiming to increase revenue by serving more customers efficiently. The company is also shifting its marketing spend to social and digital media for more targeted advertising. * Restaurant Remodels and System Refresh: The company is undertaking a systemwide redesign of its Good Times Burgers & Frozen Custard units, with a new modernized prototype. Ten Good Times units are slated for remodels in 2025, with all locations expected to be completed by 2026. This refresh integrates modern technology and design to keep the brand competitive. Recently acquired Good Times locations are also expected to undergo remodels within the next 18 to 24 months.

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Share Repurchases

In August 2021, Good Times Restaurants launched a tender offer of $6.5 million at $4.60 per share, resulting in the purchase of 333,241 shares for approximately $1.5 million.
The company announced a $5 million share repurchase program in early 2022, with approximately $1.4 million remaining as of February 2024.
As of June 2023, approximately 600,000 shares had been retired, with $2.7 million of buyback authorization remaining.

Share Issuance

Good Times Restaurants experienced net common equity repurchases rather than issuances, with amounts of -$1 million in fiscal 2021, -$1 million in fiscal 2022, -$2 million in fiscal 2023, and -$2 million in fiscal 2024.

Inbound Investments

In January 2023, Good Times Restaurants won a case against a private equity firm, reactivating a prior investment in its Good Times Burger brand; however, a specific new cash inflow amount within the 3-5 year window was not clearly specified.

Outbound Investments

In June 2023, the company repurchased joint venture interests in five Bad Daddy's locations for $4.4 million.
Good Times Restaurants acquired two previously franchised Good Times restaurants in late fiscal 2023 and an additional one from a franchisee in fiscal 2024.
In the first quarter of fiscal 2025, the company acquired two Denver metro area Good Times restaurants from a franchisee.

Capital Expenditures

Capital expenditures for fiscal 2021 totaled approximately $508,000, including $331,000 for Good Times restaurants and $177,000 for the corporate office.
Trailing twelve months capital expenditures were approximately $2.9 million as of June 2023, which included growth-related spending.
Capital expenditures for each of the three years prior to February 2024 were less than $5 million.

Better Bets than Good Times Restaurants (GTIM)

	GTIM	Better Performance than GTIM
Metric	Value	INDUSTRY: Restaurants
Rev Chg LTM	1.8%	QSR (21.8%), YUM (11.6%), DRI (8.3%), CMG (7.3%), YUMC (3.5%)
Rev Chg 3Y Avg	1.6%	QSR (14.2%), CMG (11.9%), YUM (6.4%), SBUX (4.7%), MCD (4.2%)
Op Mgn LTM	1.1%	MCD (46.1%), YUM (30.8%), QSR (25.8%), CMG (16.9%), SBUX (10.5%)
CFO/Rev LTM	1.3%	MCD (39.9%), YUM (23.6%), CMG (18.8%), QSR (17.4%), SBUX (13.4%)
FCF/Rev LTM	-1.2%	MCD (28.1%), YUM (19.4%), QSR (14.9%), CMG (13.3%), SBUX (6.1%)
Total Yield	6.7%	QSR (9.2%), CAKE (8.4%), EAT (7.8%), YUMC (7.3%), DRI (6.9%)
P/S	0.1	NDLS (0.1), FATBB (0.1), RRGB (0.1), GENK (0.1), STKS (0.1)
P/Op Inc	11.6	WEN (4.6), PLAY (5.5), QSR (9.0), EAT (9.3), CAKE (10.2)

	GTIM	Better Performance than GTIM
Metric	Value	SECTOR: Consumer Discretionary
Rev Chg LTM	1.8%	MELI (36.9%), BKNG (13.0%), AMZN (10.9%), HD (8.5%), TJX (4.1%)
Rev Chg 3Y Avg	1.6%	AMZN (11.3%), TSLA (9.3%), TJX (5.3%), MCD (4.2%), HD (2.2%)
Op Mgn LTM	1.1%	MCD (46.1%), HD (13.1%), AMZN (11.4%), TJX (11.2%), TSLA (5.1%)
CFO/Rev LTM	1.3%	MCD (39.9%), AMZN (18.1%), TSLA (16.5%), HD (10.8%), TJX (10.2%)
FCF/Rev LTM	-1.2%	MCD (28.1%), HD (8.6%), TSLA (7.1%), TJX (7.0%), AMZN (2.0%)
Total Yield	6.7%	F (13.6%), DHI (11.3%), LEN (10.0%), LOW (7.6%), CCL (7.2%)
P/S	0.1	KSS (0.1), ADNT (0.1), GT (0.1), AXL (0.1), ODP (0.1)
P/Op Inc	11.6	GM (7.1), PHM (7.6), DHI (8.0), CCL (8.6), LEN (9.3)

	GTIM	Better Performance than GTIM
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	1.8%	NVDA (71.6%), AVGO (28.0%), MSFT (15.6%), GOOGL (13.4%), AAPL (6.0%)
Rev Chg 3Y Avg	1.6%	NVDA (92.0%), AVGO (24.0%), MSFT (13.2%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	1.1%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	1.3%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), GOOGL (39.3%), AAPL (26.6%)
FCF/Rev LTM	-1.2%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	6.7%	XOM (10.3%), JNJ (8.4%), UNH (8.1%), BAC (7.7%), KO (7.5%)
P/S	0.1	SNEX (0.0), CNC (0.1), INGM (0.1), PBF (0.1), ACI (0.1)
P/Op Inc	11.6	VZ (5.9), BUD (7.7), T (8.3), MRK (9.4), PFE (9.4)

		Best Bets In Consumer Discretionary Sector
	GTIM
What You Pay
P/E	14.9
P/EBIT	22.8
What You Get
Rev Chg Q	-2.4%
Rev Chg LTM	1.8%
Rev Chg 3Y Avg	1.6%
FCF/Rev 3Y Avg	0.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Is Good Times Restaurants Stock Built to Withstand More Downside?	Return
2	Good Times Restaurants Market Price	Market Price
3	Good Times Restaurants vs. S&P500 Correlation	Correlation
4	Good Times Restaurants Price Volatility	Volatility
5	Good Times Restaurants Total Shareholder Return (TSR): -3.0% in 2024 and -17.4% 3-yr compounded annual returns (below peer average)
6	Day 6 of Gains Streak for Good Times Restaurants Stock with 16% Return (vs. 21% YTD) [8/23/2024]	Notification
7	Day 5 of Gains Streak for Good Times Restaurants Stock with 17% Return (vs. 22% YTD) [8/22/2024]	Notification
8	Day 8 of Loss Streak for Good Times Restaurants Stock with -15% Return (vs. 14% YTD) [10/22/2023]	Notification
9	Day 8 of Loss Streak for Good Times Restaurants Stock with -15% Return (vs. 14% YTD) [10/21/2023]	Notification
10	Day 5 of Gains Streak for Good Times Restaurants Stock with 17% Return (vs. 23% YTD) [8/28/2023]	Notification

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to GTIM. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	6.8%	6.8%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	0.5%	0.5%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-2.6%	-2.6%	-2.6%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	1.3%	1.3%	-1.6%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	6.8%	6.8%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	0.5%	0.5%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-2.6%	-2.6%	-2.6%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	1.3%	1.3%	-1.6%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Good Times Restaurants

Peers to compare with:

Financials

	GTIM	MCD	CVS	TGT	WEN	JACK	Median
Name	Good Tim.	McDonald.	CVS Heal.	Target	Wendy's	Jack In .
Mkt Price	1.25	307.71	75.00	90.92	8.56	19.87	47.44
Mkt Cap	0.0	219.4	95.2	41.3	1.6	0.4	21.5
Rev LTM	143	26,263	394,084	105,640	2,208	1,388	14,236
Op Inc LTM	2	12,113	10,751	5,424	381	232	2,903
FCF LTM	-2	7,372	6,293	2,944	238	-	2,944
FCF 3Y Avg	1	7,049	6,427	3,282	258	-	3,282
CFO LTM	2	10,485	9,109	6,386	344	-	6,386
CFO 3Y Avg	5	9,704	9,277	7,470	351	-	7,470

Growth & Margins

	GTIM	MCD	CVS	TGT	WEN	JACK	Median
Name	Good Tim.	McDonald.	CVS Heal.	Target	Wendy's	Jack In .
Rev Chg LTM	1.8%	1.2%	6.8%	-1.5%	-0.2%	-9.3%	0.5%
Rev Chg 3Y Avg	1.6%	4.2%	7.7%	-0.7%	2.9%	9.0%	3.5%
Rev Chg Q	-2.4%	3.0%	7.8%	-0.9%	-3.0%	-8.9%	-1.7%
QoQ Delta Rev Chg LTM	-0.6%	0.8%	1.9%	-0.2%	-0.8%	-2.3%	-0.4%
Op Mgn LTM	1.1%	46.1%	2.7%	5.1%	17.3%	16.7%	10.9%
Op Mgn 3Y Avg	1.4%	45.9%	3.3%	5.1%	17.5%	16.2%	10.6%
QoQ Delta Op Mgn LTM	-0.1%	-0.0%	0.1%	-0.3%	0.0%	-0.2%	-0.1%
CFO/Rev LTM	1.3%	39.9%	2.3%	6.0%	15.6%	-	6.0%
CFO/Rev 3Y Avg	3.7%	37.7%	2.5%	7.0%	16.0%	-	7.0%
FCF/Rev LTM	-1.2%	28.1%	1.6%	2.8%	10.8%	-	2.8%
FCF/Rev 3Y Avg	0.9%	27.4%	1.8%	3.1%	11.7%	-	3.1%

Valuation

	GTIM	MCD	CVS	TGT	WEN	JACK	Median
Name	Good Tim.	McDonald.	CVS Heal.	Target	Wendy's	Jack In .
Mkt Cap	0.0	219.4	95.2	41.3	1.6	0.4	21.5
P/S	0.1	8.2	0.2	0.4	0.8	0.2	0.3
P/EBIT	22.8	17.7	16.0	8.1	4.5	-1.9	12.0
P/E	14.9	25.7	204.0	11.4	9.4	-1.5	13.1
P/CFO	10.1	20.7	10.5	7.0	5.1	-	10.1
Total Yield	6.7%	6.2%	4.0%	13.3%	19.5%	-61.2%	6.5%
Dividend Yield	0.0%	2.3%	3.5%	4.6%	8.8%	5.0%	4.1%
FCF Yield 3Y Avg	3.0%	3.4%	7.1%	5.6%	9.2%	-	5.6%
D/E	2.3	0.3	0.9	0.4	2.4	9.4	1.6
Net D/E	2.1	0.2	0.7	0.3	2.2	9.3	1.4

Returns

	GTIM	MCD	CVS	TGT	WEN	JACK	Median
Name	Good Tim.	McDonald.	CVS Heal.	Target	Wendy's	Jack In .
1M Rtn	-10.1%	4.4%	-4.4%	0.7%	3.3%	24.3%	2.0%
3M Rtn	-26.9%	-2.2%	3.1%	-0.3%	-13.1%	10.6%	-1.2%
6M Rtn	-26.9%	-0.1%	20.2%	-0.9%	-26.0%	-1.9%	-1.4%
12M Rtn	-54.0%	6.9%	32.1%	-27.8%	-49.2%	-58.8%	-38.5%
3Y Rtn	-48.1%	20.6%	-18.0%	-38.5%	-56.2%	-69.4%	-43.3%
1M Excs Rtn	-10.0%	4.5%	-4.4%	0.7%	3.3%	24.3%	2.0%
3M Excs Rtn	-30.0%	-7.7%	-2.7%	-6.0%	-19.8%	-3.0%	-6.9%
6M Excs Rtn	-41.6%	-14.8%	5.5%	-15.7%	-40.7%	-16.6%	-16.1%
12M Excs Rtn	-67.6%	-6.5%	17.1%	-41.8%	-63.4%	-71.9%	-52.6%
3Y Excs Rtn	-123.4%	-51.3%	-89.0%	-111.8%	-127.1%	-143.3%	-117.6%

Comparison Analyses

	Title
0	GTIM or MCD - With 9.1% Return Forecast, MCD Probably Deserves Your Money
1	WEN Looks Stronger Than GTIM With 6.1% Return Potential
2	Why CVS With 20% Upside May Beat GTIM?
3	Why TGT With 15% Upside May Beat GTIM?
4	JACK Could Deliver 9.1% Returns And Outperform GTIM
5	Good Times Restaurants vs. Espey Mfg. & Electronics: With Return Forecast Of 74%, Good Times Restaurants Is A Better Bet
6	Good Times Restaurants vs. SeaChange: With Return Forecast Of 74%, Good Times Restaurants Is A Better Bet
7	Good Times Restaurants vs. Optical Cable: With Return Forecast Of 74%, Good Times Restaurants Is A Better Bet
8	Good Times Restaurants vs. Travelzoo: With Return Forecast Of 103%, Travelzoo Is A Better Bet
9	Good Times Restaurants vs. Aehr Test Systems: With Return Forecast Of 73%, Good Times Restaurants Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 9/24	LTM	2024	2023	2022	2021	2020	2019
Period End	7/1/2025	9/24/2024	9/26/2023	9/27/2022	9/28/2021	9/29/2020	9/24/2019
Filing Date	8/7/2025	12/12/2024	12/14/2023	12/15/2022	12/16/2021	12/18/2020	12/20/2019
Key Financials
Total Revenue	143	142	138	138	124	110	111
EBITDA	5	5	5	3	26	-4	1
Operating Income	2	2	3	2	7	4	-1
Net Income	1	2	11	-3	17	-14	-5
EPS	0.12	0.15	0.94	-0.21	1.32	-1.10	-0.41
Growth Rates
Total Revenue Growth	1.8%	3.0%	-0.0%	11.5%	12.8%	-0.8%	11.2%
EBITDA Growth	-1.3%	10.9%	48.3%	-87.9%	807.4%	-437.1%	-74.6%
Operating Income Growth	-8.0%	-30.4%	13.4%	-67.7%	94.9%	582.9%	-278.2%
Net Income Growth	10.9%	-85.5%	519.8%	-115.7%	220.6%	-170.9%	-396.8%
Margins
EBITDA Margin	3.4%	3.7%	3.4%	2.3%	21.1%	-3.4%	1.0%
Operating Income Margin	1.1%	1.2%	1.8%	1.6%	5.5%	3.2%	-0.7%
Net Income Margin	0.9%	1.1%	8.0%	-1.9%	13.5%	-12.7%	-4.6%
Cash & Debt
Total Cash	3	4	4	9	9	11	3
Total Debt	43	44	49	51	55	76	13
Net Debt / (Cash)	40	41	45	42	46	64	10
Cash Flows
Net Cash from Operations	2	5	8	5	9	8	7
Free Cash from Operations	-2	2	3	3	6	6	-1
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	1	2	2	1	2	0	-0

$ Mil \| FY: 9/24	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	7/1/2025	4/1/2025	12/31/2024	9/24/2024	6/25/2024	3/26/2024	12/26/2023	9/26/2023	6/27/2023	3/28/2023	12/27/2022	9/27/2022
Filing Date	8/7/2025	5/8/2025	2/6/2025	12/12/2024	8/1/2024	5/2/2024	1/31/2024	12/14/2023	8/3/2023	5/9/2023	2/2/2023	12/15/2022
Key Financials Quarterly
Total Revenue	37	34	36	36	38	35	33	34	36	35	33	35
Ebitda	2	1	1	1	2	2	1	1	1	2	1	-2
Operating Income	1	-0	0	0	1	1	-0	0	1	1	0	0
Net Income	1	-1	0	0	1	1	-1	-0	1	11	-0	-1
EPS	0.14	-0.06	0.02	0.02	0.12	0.06	-0.05	-0.02	0.07	0.90	-0.01	-0.10
Key Financials TTM
Total Revenue TTM	143	144	145	142	141	139	138	138	139	140	139	138
Ebitda TTM	5	5	6	5	5	4	4	5	2	3	0	2
Operating Income TTM	2	2	2	2	2	2	2	3	3	2	2	2
Net Income TTM	1	1	2	2	1	1	11	11	10	10	-3	-3
Growth Rates Quarterly
Total Revenue Growth	-2.4%	-3.3%	9.6%	4.2%	6.5%	1.9%	-0.7%	-2.4%	-2.4%	3.5%	1.5%	5.0%
EBITDA Growth	0.9%	-67.7%	119.3%	57.6%	58.7%	-8.5%	-44.8%	128.9%	-34.6%	299.8%	-55.9%	-152.5%
Operating Income Growth	-14.9%	-102.5%	105.2%	176.9%	3.3%	-36.7%	-458.9%	-56.1%	25.5%	554.9%	-83.8%	-80.6%
Net Income Growth	12.6%	-201.0%	129.5%	192.0%	56.9%	-94.2%	-337.8%	80.6%	79.5%	594.0%	-138.5%	-202.9%
Margins Quarterly
EBITDA Margin	6.0%	1.5%	3.5%	2.4%	5.8%	4.5%	1.7%	1.6%	3.9%	5.0%	3.1%	-5.3%
Operating Income Margin	3.3%	-0.0%	0.1%	1.0%	3.8%	1.6%	-1.2%	0.4%	3.9%	2.5%	0.3%	0.9%
Net Income Margin	4.0%	-1.8%	0.5%	0.6%	3.5%	1.7%	-1.7%	-0.7%	2.4%	30.5%	-0.4%	-3.7%
Cash & Debt
Total Cash	3	3	3	4	5	4	4	4	4	5	7	9
Total Debt	43	45	47	44	47	47	48	49	49	49	49	51
Net Debt / (Cash)	40	43	44	41	42	43	45	45	46	43	42	42
Cash Flows Quarterly
FCF from Operations	1	1	-1	0	3	2	-0	3	1	4	-0	1
Cash Flows TTM
FCF from Operations TTM	2	4	5	5	8	5	8	8	6	8	5	5
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	1	1	0	1	0	0	1	0
Return on Invested Capital (ROIC) Quarterly
ROIC	6.0%	-0.1%	0.1%	1.8%	6.8%	2.5%	-1.7%	0.2%	6.0%	3.8%	0.5%	1.3%
Return on Invested Capital (ROIC) TTM
ROIC TTM	1.9%	2.1%	2.8%	2.4%	2.0%	1.9%	2.2%	2.7%	2.9%	2.6%	1.7%	2.3%

Price Behavior

Price Behavior

Market Price	$1.25
Market Cap ($ Bil)	0.0
First Trading Date	08/18/1995
Distance from 52W High	-54.0%
	50 Days	200 Days
DMA Price	$1.50	$1.77
DMA Trend	down	down
Distance from DMA	-16.9%	-29.5%
	3M	1YR
Volatility	66.4%	54.4%
Downside Capture	85.70	66.21
Upside Capture	-83.51	-19.49
Correlation (SPY)	9.9%	19.9%

GTIM Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.39	0.42	0.59	0.66	0.55	0.56
Up Beta	1.25	1.27	0.69	0.78	0.51	0.56
Down Beta	-0.63	1.47	1.11	1.61	0.88	0.78
Up Capture	-125%	-107%	-48%	-16%	-7%	7%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	10	18	24	51	104	333
Down Capture	129%	52%	103%	65%	80%	85%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	9	21	35	65	125	371

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of GTIM With Other Asset Classes (Last 1Y)
	GTIM	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-53.7%	9.3%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	54.1%	24.8%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-1.24	0.31	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		15.8%	20.0%	1.6%	13.8%	18.1%	4.7%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of GTIM With Other Asset Classes (Last 5Y)
	GTIM	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-3.7%	9.5%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	55.9%	23.8%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	0.15	0.36	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		19.8%	21.4%	6.7%	10.5%	17.6%	15.5%

Based On 10-Year Data

		Comparison of GTIM With Other Asset Classes (Last 10Y)
	GTIM	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-11.3%	12.6%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	62.8%	22.0%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.08	0.53	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		20.8%	23.0%	-1.0%	10.4%	19.9%	7.7%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	45,115
Short Interest: % Change Since 10312025	17.7%
Average Daily Volume	73,122
Days-to-Cover Short Interest	1
Basic Shares Quantity	10,582,491
Short % of Basic Shares	0.4%

Returns Analyses

	Title
0	Is Good Times Restaurants Stock Built to Withstand More Downside?
1	Good Times Restaurants Stock Return Comparison
2	[10/2/2021] Good Times Restaurants (GTIM) Stock Price Forecast: AI Forecasts GTIM Stock Price To Be Around $5.54 In A Month (Up 2.7%)
3	Good Times Restaurants Total Shareholder Return (TSR): -57.6% in 2022 and 10.5% 3-yr returns (below peer average)

SEC Filings

Expand for More

Report Date	Filing Date	Filing
6302025	8072025	10-Q 7/1/2025
3312025	5082025	10-Q 4/1/2025
12312024	2062025	10-Q 12/31/2024
9302024	12122024	10-K 9/24/2024
6302024	8012024	10-Q 6/25/2024
3312024	5022024	10-Q 3/26/2024
12312023	1312024	10-Q 12/26/2023
9302023	12142023	10-K 9/26/2023
6302023	8032023	10-Q 6/27/2023
3312023	5092023	10-Q 3/28/2023
12312022	2022023	10-Q 12/27/2022
9302022	12152022	10-K 9/27/2022
6302022	8112022	10-Q 6/28/2022
3312022	5052022	10-Q 3/29/2022
12312021	2032022	10-Q 12/28/2021
9302021	12162021	10-K 9/28/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Good Times Restaurants (GTIM)

Market Price (12/4/2025): $1.25 | Market Cap: $13.2 MilSector: Consumer Discretionary | Industry: Restaurants

Good Times Restaurants (GTIM)

Market Price (12/4/2025): $1.25Market Cap: $13.2 MilSector: Consumer DiscretionaryIndustry: Restaurants

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Market Price (12/4/2025): $1.25 | Market Cap: $13.2 Mil
Sector: Consumer Discretionary | Industry: Restaurants

Market Price (12/4/2025): $1.25
Market Cap: $13.2 Mil
Sector: Consumer Discretionary
Industry: Restaurants