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January 10, 2019

Good Times reports positive same-store sales in Q1 2019

US-based franchisor Good Times Restaurants has reported positive same-store sales in Q1 2019, which ended 25 December 2018.

US-based franchisor Good Times Restaurants has reported positive same-store sales in Q1 2019, which ended 25 December 2018.

The group operates Good Times Burgers & Frozen Custard and Bad Daddy’s Burger Bar.

Bad Daddy’s reported a 0.2% increase in same-store sales for Q1 2019, compared with 0.7% for the same period the previous year. This includes the loss incurred during approximately ten store days due to the snow storm in North Carolina.

“We continue to see same-store sales growth in our Bad Daddy’s brand, even with the loss of sales due to harsher weather this year.”

However, same-store sales for the company’s Good Times’ brand decreased 5.2% for Q1 2019, compared with the 5.9% increase for the same period the previous year.

Good Times Restaurants president and CEO Boyd Hoback said: “We continue to see same-store sales growth in our Bad Daddy’s brand, even with the loss of sales due to harsher weather this year.

“Good Times was significantly impacted by tougher weather in Colorado versus last year and we attribute most, if not all, of the same-store sales decline this year to that.

“Last year had unusually warmer weather with lower precipitation in Colorado in both our first and second fiscal quarters so we anticipate a tough comparison again in our second quarter at Good Times.”

Hoback also noted that the company has experienced some increase in sales due to the calendar shift for Christmas in 2018.

He added: “Subsequent to the end of the quarter we opened our thirty-fifth Bad Daddy’s restaurant in Raleigh, North Carolina, which is our fourth restaurant in that market.”

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