Good Times Restaurants Reports Second Quarter Same Store Sales

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Apr 12, 2022

Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Bad+Daddy%26rsquo%3Bs+Burger+Bar and Good+Times+Burgers+%26amp%3B+Frozen+Custard, today announced that same store sales* for its second quarter ended March 29, 2022 decreased 0.9% for its Good Times brand from the same prior year quarter and increased 15.5% for its Bad Daddy’s brand from the same prior year quarter. Average weekly sales during the 2022 second quarter among restaurants open for at least 18 months were $25,469 for the Company’s Good Times restaurants and $50,405 for the Company’s Bad Daddy’s restaurants. Additionally, during the final week of the fiscal quarter the Company completed the acquisition of a Bad Daddy’s restaurant in Greenville, South Carolina that was formerly owned by a franchisee. Following this acquisition, the Company owns and operates all of its Bad Daddy’s Burger Bar restaurants other than its licensee in the Charlotte Douglas International Airport.