GTIM — what changed in the latest 10-Q
A section-by-section comparison of GTIM's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-06 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +69 | −74 | ~27 | 20 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3)
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-06
Bad Daddy’s restaurant sales decreased $1,624,000 to $24,889,000 for the fiscal quarter ended June 30, 2026 from $26,513,000 for the quarter ended July 1, 2025. This decrease is a result of fewer restaurant operating weeks due to a reduced number of operating restaurants and reduced customer traffic…
Good Times restaurant sales decreased $225,000 to $10,131,000 for the fiscal quarter ended June 30, 2026 from $10,356,000 for the quarter ended July 1, 2025. This decrease is primarily due to the second fiscal quarter 2026 temporary closure of one Good Times restaurant, partially offset by menu pric…
Bad Daddy’s food and packaging costs were $7,546,000 (30.3% of restaurant sales) for the quarter ended June 30, 2026, down from $8,100,000 (30.6% of restaurant sales), for the quarter ended July 1, 2025. The decrease as a percent of sales is primarily attributable to improved non-beef protein costs …
Payroll and Other Employee Benefit Costs. Payroll and other employee benefit costs for the quarter ended June 30, 2026 decreased $945,000 to $11,702,000 (33.4% of restaurant sales) from $12,647,000 (34.3% of restaurant sales) for the quarter ended July 1, 2025.
Bad Daddy’s payroll and other employee benefit costs were $8,361,000 (33.6% of restaurant sales) for the quarter ended June 30, 2026 down from $9,103,000 (34.3% of restaurant sales) for the same prior year period. As a percentage of sales, payroll and employee benefit costs decreased by 0.7% primari…
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Bad Daddy’s restaurant sales decreased $897,000 to $23,920,000 for the quarter ended March 31, 2026 from $24,817,000 for the quarter ended April 1, 2025. This decrease is primarily due to the fourth fiscal quarter 2025 closure of one Bad Daddy’s restaurant, the first fiscal quarter 2026 closure of o…
Good Times restaurant sales decreased $119,000 to $9,204,000 for the quarter ended March 31, 2026 from $9,323,000 for the quarter ended April 1, 2025. This decrease is driven by the current quarter temporary closure of one Good Times restaurant, partially offset by increases in menu price. The avera…
Food and Packaging Costs. Food and packaging costs for the fiscal quarter ended March 31, 2026 decreased $649,000 to $9,828,000 (29.7% of restaurant sales) from $10,477,000 (30.7% of restaurant sales) for the quarter ended April 1, 2025.
Good Times food and packaging costs were $2,736,000 (29.7% of restaurant sales) for the quarter ended March 31, 2026, down from $2,858,000 (30.7% of restaurant sales) for the quarter ended April 1, 2025. The decrease as a percentage of sales is primarily attributable to reduced waste partially offse…
Payroll and Other Employee Benefit Costs. Payroll and other employee benefit costs for the quarter ended March 31, 2026 decreased $439,000 to $11,387,000 (34.4% of restaurant sales) from $11,826,000 (34.6% of restaurant sales) for the quarter ended April 1, 2025.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice