Good Times Restaurants Inc. (NASDAQ:GTIM) is expected to report third quarter earnings results, after market close, on Thursday 13th August 2020.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 120.00 million ~ $ 123.00 million
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Previous Quarter Performance
Good Times Restaurants Inc. recorded loss for the second quarter of $ 0.04 per share, from the revenue of $ 26.18 million. The quarterly earnings while revenues compared with the same quarter last year.
Street analysts expected Good Times Restaurants Inc. to report loss of $ 0.02 per share on revenue of $ 30.30 million for the second quarter. The bottom line results missed street analysts by $ 0.02 or 100 percent, at the same time, top line results fell short of analysts by $ 4.12 million or 13.6 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of GTIM was $ 1.17, representing a 160.00 % increase from the 52 week low of $ 0.45 and a 40.61 % decrease over the 52 week high of $ 1.97.
The company has a market capital of $ 14.73 million and is part of the Consumer Cyclical sector and Restaurants industry.
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Conference Call
Good Times Restaurants Inc. will be hosting a conference call at 7:00 PM eastern time on 13th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.goodtimesburgers.com
Good Times Restaurants Inc., through its subsidiaries, engages in the restaurant business in the United States. The company operates Good Times Burgers & Frozen Custard, a regional chain of quick service restaurants; and owns, operates, franchises, and licenses Bad Daddys Burger Bar, a full service, upscale, small box restaurant concept. As of January 10, 2019, it operated and franchised a total of 35 restaurants under the Good Times Burgers & Frozen Custard name; and 35 Bad Daddys Burger Bar restaurants.