Good afternoon, ladies and gentlemen. Welcome to the Good Times Restaurants Incorporated Fiscal 2020 First Quarter Earnings Conference Call. By now, everyone should have access to the company’s first quarter’s earnings release. If not, it can be found at www.goodtimesburgers.com in the Investors section. As a reminder, a part of today’s discussion will include forward-looking statements within the meaning of Federal Securities laws. These forward-looking statements are not guarantees of future performance, and therefore, you should not put undue reliance on them. These statements are also subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect, and therefore investors should not place undue reliance on them. And the company undertakes no obligation to update these statements to reflect the events or circumstances that might arise after this call. The company refers you to their recent SEC filings for a more detailed discussion of the risks that could impact our future operating results and financial conditions. Lastly, during today’s call, the company will discuss non-GAAP measures, which they believe can be useful in evaluating our performance. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with GAAP and reconciliation to comparable GAAP measures available in our earnings release. And now, I would like to turn the call over to Ryan Zink. Please go ahead, sir.

Thank you, Shaun, and thanks everyone for joining us on the call today. I’ll begin with a high-level summary of the business and then review the financial performance for the quarter. We opened 2 new Bad Daddy’s Burger Bars during the fourth fiscal quarter in Greater Charleston, South Carolina and 1 in Columbia, South Carolina, bringing our total restaurants to 39, including our franchisee in South Carolina and our licensee at the Charlotte Airport. We’re pleased with the performance of the new restaurants we opened at the end of fiscal 2019 and early fiscal 2020. And given the performance of these restaurants have added 1 unit to our development schedule for 2020 and expect that restaurant to open in the mid to late fourth fiscal quarter. Comparable sales for Bad Daddy’s decreased 3.4% for the quarter, which when adjusted for holiday shifts was relatively consistent throughout the quarter. Our Good Times Restaurants posted 5.8% comparable sales growth for the quarter. We closed 1 Good Times Restaurants at the end of the quarter that has been subleased to an unrelated party. As we indicated in our call in December, our high-level organizational focus is temporarily shifted from restaurant growth to stabilization of margins, with the intension of driving earnings growth by improving restaurant-level performance at our existing Bad Daddy’s and Good Times. During the quarter, we made some tough decisions and adjusted our multi-unit spans of control. In the southeast, Bad Daddy’s specifically, at the beginning of the quarter we had spans of approximately 4 restaurants per district, but by the end of the quarter had approximately 7 per district. Additionally, we have a new operations leader, [Jim Abbott] [ph], overseeing the Bad Daddy’s concept. Jim has several years of experience with the brand with proven operating experience and delivering results.…

Thank you. We will now begin the question-and-answer session. [Operator Instructions] At this time, there are no questions in the question queue. And I would like to turn the call back over to Mr. Ryan Zink for any closing remarks. : :

Thanks, Shaun. We have a strong group of talented multi-unit leaders, restaurant leaders, restaurant team members as well as the leaders in supporting team members here in the home office, who work diligently making significant contributions that allow us to operate great restaurants and grow the business. I’d like to thank each and every one of those employees for their personal contribution to our brands and restaurants. With that, we will close today’s call. Thank you all for joining us today.

Thank you. The conference has now concluded. Thank you for attending today’s presentation and you may now disconnect.