John Leonard, CFA
Special situations, micro-cap, contrarian, CFA

The Good Times Should Get Even Better For Good Times Restaurants

Key takeaways

  • Good Times Restaurants (NASDAQ:GTIM) should continue to rise due to consistently high same-store sales growth in the core Good Times chain and a ramp up of the new Bad Daddy's Burger Bar chain. The latter is arguably the single greatest growth driver yet the most overlooked due to the lack of analyst coverage and the fact that the concept is still relatively new.
  • Moreover, GTIM has a strong balance sheet to support growth with a minimal amount of debt and ~$5.2 million in cash.
  • Furthermore, management actually "walks the walk" when it comes to maximizing shareholder value, unlike a more visible peer who continues to resist activist pressure.

Company overview

GTIM operates Good Times Burgers &...

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