Market Overview

Good Times Restaurants Reports Fiscal 2019 Q2 Same Store Sales


Bad Daddy's Same Store Sales Increase 1.3%

Good Times Restaurants Inc. (NASDAQ:GTIM), operator of Bad
Daddy's Burger Bar
and Good
Times Burgers & Frozen Custard
, today announced that same store
sales at its Bad Daddy's concept increased 1.3% during the quarter over
the prior year's increase of 0.2%, which includes the loss of the
equivalent of twelve restaurant operating days caused by restaurant
closures in Colorado due to the "Bomb Cyclone" weather event on March 13th.
Adjusted for those lost restaurant operating days, same store sales
would have increased 1.8% during the quarter. Same store sales for its
Good Times' brand decreased 7.5% during the quarter over the prior
year's increase of 7.1% in the same quarter. Adjusted for the thirty
lost restaurant operating days due to closures associated with the March
13th weather event and extended power outages at two
restaurants, Good Times same store sales would have declined 5.9%.

Boyd Hoback, President & CEO, said, "We continue to see healthy same
store sales growth in our Bad Daddy's brand, even with the loss of sales
due to harsher weather that has caused store closures in both our first
and second quarters. Good Times continued to be significantly impacted
by the much more inclement weather in Colorado (both in temperature and
precipitation) versus last year and we attribute most, if not all, of
the same store sales decline this year to the unfavorable weather.
Importantly, when we compare favorably on weather our same store sales
bounce back, as they have subsequent to the end of the quarter with our
first stretch of warmer weather. At the beginning of the quarter we
opened our thirty-fifth Bad Daddy's restaurant, our fourth in the
Raleigh, North Carolina market, which is performing well above our
system average unit volume."

About Good Times Restaurants Inc.: Good Times Restaurants Inc.
(GTIM) owns, operates, franchises and licenses 35 Bad Daddy's Burger Bar
restaurants through its wholly-owned subsidiaries. Bad Daddy's Burger
Bar is a full service, upscale, "small box" restaurant concept featuring
a chef driven menu of gourmet signature burgers, chopped salads,
appetizers and sandwiches with a full bar and a focus on a selection of
craft microbrew beers in a high energy atmosphere that appeals to a
broad consumer base. Additionally, through its wholly-owned
subsidiaries, Good Times Restaurants Inc. operates and franchises a
regional quick service restaurant chain consisting of 35 Good Times
Burgers & Frozen Custard restaurants, located primarily in Colorado.

Good Times Forward-Looking Statements: This press release
contains forward-looking statements within the meaning of federal
securities laws. The words "intend," "may," "believe," "will," "should,"
"anticipate," "expect," "seek" and similar expressions are intended to
identify forward looking statements. These statements involve known and
unknown risks, which may cause the Company's actual results to differ
materially from results expressed or implied by the forward-looking
statements. These risks include such factors as the uncertain nature of
current restaurant development plans and the ability to implement those
plans and integrate new restaurants, delays in developing and opening
new restaurants because of weather, local permitting or other reasons,
increased competition, cost increases or shortages in raw food products,
and other matters discussed under the "Risk Factors" section of Good
Times' Annual Report on Form 10-K for the fiscal year ended September
25, 2018 filed with the SEC. Although Good Times may from time to time
voluntarily update its forward-looking statements, it disclaims any
commitment to do so except as required by securities laws.

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