Good Times Restaurants Reports Results for the Fiscal Fourth Quarter and Year Ended September 24, 2019
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Good Times Restaurants (GTIM) Misses Q4 EPS by 27c, Revenues Beat; Offers FY20 Revenues Guidance
December 12, 2019 4:11 PM ESTGood Times Restaurants (NASDAQ: GTIM) reported Q4 EPS of ($0.33), $0.27 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $28.8 million versus the consensus estimate of $28.45 million.
Key highlights of the Companys financial results include:
Total Revenues increased 7.0% to $28.8 million for the quarter and 11.2% to $110.8 million for the yearTotal Restaurant Sales for Bad Daddys restaurants increased 7.0% to $20.0 million for the quarter and increased 18.3% to $79.8 million for the yearThe Company opened two Bad Daddys restaurants during the fourth quarter, bringing the total new development for the year... More