This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Good Times Restaurants, Inc. Provides Shareholder Update

Stocks in this article: GTIM

Good Times Restaurants Inc. (Nasdaq:GTIM)(, a regional restaurant company focused on operating and developing Good Times Burgers & Frozen Custard and Bad Daddy’s Burger Bar restaurants, provides shareholders with an update on its corporate accomplishments.

Dear Shareholders:

As the calendar changes to 2014, we are pleased to report our fiscal 2013 results and provide you an overview of our outlook for the Company for fiscal 2014. This includes our wholly owned subsidiaries, Good Times Drive Thru Inc. and BD of Colorado LLC (Bad Daddy’s Burger Bar), as well as our 48% ownership in Bad Daddy’s Franchise Development LLC. It is an exciting time for the Company as we believe we have tremendous momentum in our legacy business, a solid balance sheet with no long term debt and significant growth prospects for the future. From our perspective we are at an historic inflection point as we transition to a more broadly publicly held growth company from what has been a largely insider held microcap company.

Good Times Burgers & Frozen Custard (37 locations in CO, WY and ND)

Throughout fiscal 2013, we continued to make significant progress in our core Good Times Burgers & Frozen Custard business, having reported thirteen consecutive quarters of same-store sales increases. This has accelerated to nine consecutive months of double-digit same-store sales increases through the end of December, 2013 and a two year sales increase trend of over 20%. This momentum has continued throughout our first quarter of fiscal 2014, translating to significant improvement in our operating margins and cash flow from operations. We believe these improvements will continue to accelerate our growth in fiscal 2014, which we anticipate will result in more than doubling our EBITDA (Earnings Before Depreciation, Interest, Taxes & Amortization) from fiscal 2013 for Good Times Drive Thru Inc. We further anticipate system-wide revenues growing to approximately $32 to $33 million without the addition of new restaurants.

1 of 6

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs