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Good Times Restaurants Inc. Reports Net Income of $10.7 Million in Q1 2023

Good Times Restaurants Inc. Reports Net Income of $10.7 Million in Q1 2023

Revenue for Good Times Restaurants Inc. Reaches $34.8 Million in Q1 2023

By USInMinutes
Published - Jul 19, 2023, 02:23 PM ET
Last Updated - Jul 19, 2023, 02:23 PM EDT

Good Times Restaurants Inc. (GTIM), the parent company of Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar, has released its unaudited financial results for the first quarter of fiscal year 2023. The company reported a net income of $10.7 million and revenue of $34.8 million for the quarter ended March 28, 2023.

Net Income Surges to $10.7 Million

During the first quarter of fiscal year 2023, Good Times Restaurants Inc. achieved remarkable financial performance, posting a net income of $10.7 million. This notable increase in net income showcases the company's resilience and effective strategies in a challenging economic environment. The impressive figures have left investors and shareholders optimistic about the company's future prospects.

Revenue Reaches $34.8 Million

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