Filing Analysis
Good Times Restaurants Inc. filed an 8-K to announce the release of its fiscal 2026 third quarter earnings results for the period ended June 30, 2026.
📋 Key Facts
- Earnings announcement for Q3 fiscal year 2026 (ended June 30, 2026).
- Management scheduled a conference call to review results on August 6, 2026, at 5:00 p.m. ET.
- The filing includes Exhibit 99.1 containing the press release.
Good Times Restaurants Inc. reported its financial results for the second quarter of fiscal 2026, which ended March 31, 2026. The company scheduled a conference call for May 7, 2026, to discuss the results with investors.
📋 Key Facts
- Earnings release for the fiscal 2026 second quarter ended March 31, 2026
- Conference call held on May 7, 2026, at 5:00 p.m. ET
- Filing includes Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Exhibits)
Good Times Restaurants Inc. reported the results of its 2026 Annual Meeting of Shareholders held on February 19, 2026. Shareholders elected five directors, approved executive compensation on an advisory basis, and ratified the appointment of Baker Tilly US, LLP as the independent auditor.
📋 Key Facts
- Five directors were elected for one-year terms: Charles E. Jobson, Jason S. Maceda, Sophia Rivka Rossi, Jennifer C. Stetson, and Ryan M. Zink.
- Baker Tilly US, LLP was ratified as the independent registered public accounting firm for the fiscal year ending September 29, 2026.
- Charles E. Jobson was elected as Chairman of the Board.
- Jason S. Maceda was appointed Audit Committee Chairman; Jennifer C. Stetson was appointed Compensation Committee Chairman.
- The advisory vote on executive compensation (Say-on-Pay) passed with 4,255,749 votes for and 266,259 against.
Good Times Restaurants Inc. filed an 8-K to announce the release of its fiscal 2026 first quarter earnings results for the period ended December 30, 2025.
📋 Key Facts
- Earnings announcement for Q1 2026 (ended Dec 30, 2025).
- Management conference call scheduled for February 5, 2026, at 5:00 p.m. ET.
- Filing includes a press release as Exhibit 99.1.
Good Times Restaurants Inc. issued an 8-K to announce the release of its earnings and financial results for the fourth quarter and full fiscal year ended September 30, 2025.
📋 Key Facts
- Earnings announcement covers Q4 and FY 2025 (ended Sept 30, 2025).
- Management conference call scheduled for December 23, 2025, at 5:00 p.m. ET.
- The filing includes a press release as Exhibit 99.1.
Good Times Restaurants Inc. entered into a Third Amendment to its Credit Agreement with Cadence Bank on September 30, 2025. The amendment facilitates the closure of two restaurant locations and involves modifications to key financial covenants including EBITDA and leverage ratios.
🚩 Red Flags
- Restaurant closures in Georgia and Colorado indicate operational contraction.
- Modification of leverage and EBITDA covenants often suggests a need for more breathing room due to deteriorating financial performance or liquidity constraints.
- The filing involves both Item 1.01 and Item 2.03, indicating the creation of new/modified financial obligations.
📋 Key Facts
- Entered into Third Amendment to Credit Agreement and Consent with Cadence Bank on September 30, 2025.
- Amendment provides consent for the closure of two 'Bad Daddy’s' restaurants in Roswell, GA and Broomfield, CO.
- The amendment modifies definitions for 'Applicable Rate', 'Consolidated EBITDA', and 'Consolidated Fixed Charge Coverage Ratio'.
- Modifications made to the Consolidated Leverage Ratio covenant (Section 7.11(a)) and Restricted Payments covenant (Section 7.06).
Good Times Restaurants Inc. filed an 8-K to announce the release of its fiscal 2025 third quarter earnings results for the period ended July 1, 2025.
📋 Key Facts
- Earnings announcement date: August 7, 2025
- Reporting period: Fiscal 2025 third quarter ended July 1, 2025
- Management conference call scheduled for August 7, 2025, at 5:00 p.m. ET
Good Times Restaurants Inc. announced that its independent auditor, Moss Adams LLP, has resigned following a merger with Baker Tilly US, LLP. The company's Audit Committee has appointed Baker Tilly as the successor auditor.
🚩 Red Flags
- Auditor change (though triggered by a merger rather than a dispute).
📋 Key Facts
- Moss Adams LLP merged with Baker Tilly US, LLP effective June 3, 2025.
- Moss Adams resigned as the Company's independent registered public accounting firm on June 6, 2025.
- Baker Tilly US, LLP has been appointed by the Audit Committee as the successor auditor.
- The company stated there were no disagreements with Moss Adams regarding accounting principles or auditing procedures.
- Audit reports for fiscal years ended Sept 24, 2024 and Sept 26, 2023 did not contain adverse opinions or disclaimers.
Good Times Restaurants Inc. filed an 8-K to announce the release of its fiscal 2025 second quarter earnings results for the period ended April 1, 2025.
📋 Key Facts
- Earnings announcement for Q2 fiscal 2025 (ended April 1, 2025).
- Management conference call scheduled for May 8, 2025, at 5:00 p.m. ET.
- Filing date is May 8, 2025.
Good Times Restaurants Inc. announced a new cash incentive bonus arrangement for CEO Ryan Zink covering fiscal years 2025 through 2027. The package includes short-term incentives (STI) tied to EBITDA targets and long-term incentives (TVLTI and PVLTI) designed to align executive compensation with company performance.
🚩 Red Flags
- The filing is technically filed under Item 5.02 (Departure of Directors or Certain Officers) but the content describes a compensation arrangement rather than a departure, which may indicate a clerical error in item selection or an upcoming change not explicitly detailed.
📋 Key Facts
- The Compensation Committee adopted a new Bonus Arrangement for CEO Ryan Zink on February 25, 2025.
- STI component: $200,000 target annual cash bonus based on Adjusted EBITDA attainment (85% minimum threshold).
- TVLTI component: $100,000 annual cash bonus vesting over three years.
- PVLTI component: $100,000 annual target cash bonus tied to EBITDA performance and vesting over three years.
- Bonus structure covers fiscal years 2025-2027, with vesting/payouts extending into 2028 and 2029.
Good Times Restaurants Inc. held its 2025 Annual Meeting of Shareholders on February 20, 2025. The meeting resulted in the election of five directors, a two-year advisory vote frequency for executive compensation, and the ratification of Moss Adams LLP as the independent auditor.
📋 Key Facts
- Annual Meeting held on February 20, 2025.
- Five directors elected: Charles E. Jobson, Jason S. Maceda, Sophia Rivka Rossi, Jennifer C. Stetson, and Ryan M. Zink.
- Shareholders voted for a two-year frequency for future advisory votes on executive compensation (NEO compensation).
- Moss Adams LLP was ratified as the independent registered public accounting firm for the fiscal year ending September 30, 2025.
- Charles E. Jobson elected as Chairman of the Board.
Donald L. Stack, Senior Vice President of Operations for the Good Times brand, has resigned effective May 31, 2025. The company plans to redistribute his responsibilities between the CEO and a newly created Director of Operations role.
🚩 Red Flags
- Departure of a high-level executive (SVP) in the operations department.
- Restructuring of responsibilities suggests a shift in management hierarchy.
📋 Key Facts
- Donald L. Stack (SVP of Operations) resigned on February 14, 2025.
- Resignation is effective May 31, 2025.
- Stack stated he has no disagreement with the Company's operations, policies, or practices.
- Responsibilities will be split between CEO Ryan M. Zink and Craig Soto (newly appointed Director of Operations).
- The departure involves a restructuring of operational leadership into a newly created position.
Good Times Restaurants Inc. filed an 8-K to announce the release of its earnings and financial results for the first fiscal quarter ended December 31, 2024.
📋 Key Facts
- Earnings announcement date: February 6, 2025
- Reporting period: First fiscal quarter ended December 31, 2024
- Management conference call scheduled for February 6, 2025, at 5:00 p.m. ET
- The filing includes a press release (Exhibit 99.1) regarding financial results.
Good Times Restaurants Inc. announced its quarterly and annual earnings results for the fiscal year ended September 24, 2024. Additionally, the company expanded its existing share repurchase program by $2 million.
📋 Key Facts
- Announced earnings and financial results for Q4 and FY ended Sept 24, 2024 via press release on Dec 12, 2024.
- Expanded the existing share repurchase program by $2 million.
- Total aggregate share repurchase authorization is now increased to $7 million.
- Approximately $4.8 million has already been purchased under the original program announced Feb 3, 2022.
Good Times Restaurants Inc. issued an 8-K to announce same-store sales results for its fourth fiscal quarter ended September 24, 2024.
📋 Key Facts
- Report date: October 15, 2024
- Reporting period: Fourth fiscal quarter ended September 24, 2024
- Subject matter: Announcement of same-store sales results via press release
Good Times Restaurants Inc. announced the release of its financial results for the third fiscal quarter ended June 25, 2024. The company scheduled a conference call to review these results on August 1, 2024.
📋 Key Facts
- Earnings results released for the third fiscal quarter ended June 25, 2024.
- Management conference call scheduled for August 1, 2024, at 5:00 p.m. ET.
Good Times Restaurants Inc. announced the appointment of Sophia Rivka Rossi to its Board of Directors as an independent non-employee Director, effective July 23, 2024.
📋 Key Facts
- Appointment date: July 23, 2024
- Director Name: Ms. Sophia Rivka Rossi
- Role: Independent non-employee Director
- Background: Over 13 years of entrepreneurial and digital media experience; former co-founder/CEO of Hellogiggles.
- Compensation: Eligible for compensation under the Company's existing Director compensation policy as disclosed in the Jan 12, 2024 proxy statement.
Good Times Restaurants Inc. issued a press release regarding its same-store sales results for the third fiscal quarter ended June 25, 2024.
📋 Key Facts
- Report date: July 9, 2024
- Reporting period: Third fiscal quarter ended June 25, 2024
- Subject matter: Announcement of same-store sales results via press release (Exhibit 99.1)
Good Times Restaurants Inc. entered into a Second Amendment to its Credit Agreement with Cadence Bank, N.A. on May 30, 2024. The amendment provides consent for the company to repurchase certain equity interests and allows these payments to be excluded from specific financial covenant calculations.
🚩 Red Flags
- Frequent amendments to credit agreements (this is the second amendment in quick succession, following one on May 22, 2024)
- Use of 'Restricted Payments' suggests potential liquidity management or restructuring activity
📋 Key Facts
- Date of event: May 30, 2024
- Lender: Cadence Bank, N.A.
- Amendment type: Second Amendment to the Credit Agreement dated April 20, 2023
- Key provision: Consent for the Company to perform a 'Repurchase' of certain equity interests
- Key provision: Allows Restricted Payments for the repurchase and excludes them from financial covenant calculations
Good Times Restaurants Inc. entered into a First Amendment to its Credit Agreement with Cadence Bank, N.A. on May 22, 2024. The amendment facilitates the acquisition of assets from Good Times Drive Thru restaurant (a franchisee) and allows for associated seller financing.
🚩 Red Flags
- Increased complexity in debt structure due to new seller financing terms.
📋 Key Facts
- Amendment dated May 22, 2024, to the existing Credit Agreement with Cadence Bank, N.A. (originally entered April 20, 2023).
- The amendment provides consent for the Company to purchase assets from JGN Management, LLC (the 'Seller').
- The transaction involves seller financing associated with the asset acquisition.
- All wholly owned subsidiaries of GTIM act as guarantors to the credit agreement.
Good Times Restaurants Inc. filed an 8-K to announce the release of its financial results for the second fiscal quarter ended March 26, 2024.
📋 Key Facts
- Earnings and other financial results for the second fiscal quarter ended March 26, 2024, were released via press release on May 2, 2024.
- Management scheduled a conference call to review the results for May 2, 2024, at 5:00 p.m. ET.
Good Times Restaurants Inc. issued a press release regarding its same-store sales results for the second fiscal quarter ended March 26, 2024.
📋 Key Facts
- Report date: April 11, 2024
- Reporting period: Second fiscal quarter ended March 26, 2024
- Subject matter: Announcement of same-store sales results
Good Times Restaurants Inc. reported the results of its 2024 Annual Meeting of Shareholders held on February 27, 2024. Shareholders approved all proposals, including the election of four directors, advisory compensation votes, and the ratification of Moss Adams LLP as independent auditors.
📋 Key Facts
- Annual Meeting held on February 27, 2024.
- Four directors elected: Charles E. Jobson, Jason S. Maceda, Jennifer C. Stetson, and Ryan M. Zink.
- Shareholders approved the advisory vote on executive compensation (Say-on-Pay).
- Moss Adams LLP was ratified as independent registered public accounting firm for fiscal year ending Sept 25, 2024.
- Charles E. Jobson elected Chairman of the Board; Jennifer C. Stetson and Jason S. Maceda appointed to Audit/Compensation committees.
Good Times Restaurants Inc. filed an 8-K to announce the release of its earnings and financial results for the fiscal quarter and year ended December 26, 2023.
📋 Key Facts
- Earnings release date: January 31, 2024
- Reporting period covered: Fiscal quarter and year ended December 26, 2023
- Management conference call scheduled for January 31, 2024, at 5:00 p.m. ET
Good Times Restaurants Inc. issued a press release regarding its same-store sales results for the first fiscal quarter ended December 26, 2023.
📋 Key Facts
- Reporting period: First fiscal quarter ended December 26, 2023.
- Content: Announcement of same-store sales performance.
- Filing date: January 11, 2024.
Good Times Restaurants Inc. announced the appointment of Keri August as Senior Vice President of Finance and Accounting, effective January 2, 2024. Ms. August brings extensive hospitality-industry finance experience and previously served as a consultant for the company.
📋 Key Facts
- Keri August appointed as SVP of Finance and Accounting on January 2, 2024.
- Ms. August will oversee all finance and accounting responsibilities.
- The Board approved a grant of 10,000 restricted stock units (RSUs) for Ms. August.
- The RSUs are subject to a three-year cliff vesting period contingent on continuous employment.
- Ms. August has over 27 years of finance and accounting experience, including roles at InfoSync Services and EY.