November 20, 2019
Shake Shack to Participate in Investor Conferences
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that the Company will participate in the following investor conferences: On Tuesday, December 3, 2019, the Company will be hosting a fireside chat at the Morgan Stanley Global Consumer & Retail Conference at the Crowne Plaza Times Square. The fireside chat will begin at 10:40 a.m. ET. On Wednesday, December 4, 2019, the Company will be hosting a fireside chat at the Barclays Eat, Sleep, Play – It’s All Discretionary Conference at Barclays in New York City. The fireside chat will begin at 8:30 a.m. ET. The fireside chats will also be webcast live from the Company's Investor Relations website at http://investor.shakeshack.com. About Shake Shack Shake Shack is a modern day “roadside” burger stand known for its 100% all-natural Angus beef burgers, chicken sandwiches and flat-top Vienna beef dogs (no hormones or antibiotics - ever), spun-fresh frozen custard, crinkle cut fries, craft beer and wine and more....
November 4, 2019
Shake Shack Announces Third Quarter 2019 Financial Results
Total Revenue Grew 31.9% to $157.8 Million Same-Shack Sales Increased 2.0% System-wide Year-Over-Year Unit Growth of 35% Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE:SHAK) today reported its financial results for the third quarter ended September 25, 2019, a period that included 13 weeks. Financial Highlights for the Third Quarter 2019 compared to the Third Quarter 2018: Total revenue increased 31.9% to $157.8 million. Shack sales increased 31.5% to $152.4 million. Same-Shack sales increased 2.0%. Licensed revenue increased 43.3% to $5.4 million. Shack system-wide sales increased 35.0% to $239.1 million. Operating income was $8.2 million, or 5.2% of total revenue, which included the impact of costs associated with the Company's enterprise-wide system upgrade implementation, Project Concrete, and other one-time items totaling $1.4 million, resulting in a decrease of 12.6%. Shack-level operating profit*, a non-GAAP measure, increased 17.4% to $35.1 million, or 23.1% of Shack...
October 7, 2019
Shake Shack to Announce Third Quarter 2019 Financial Results on November 4, 2019
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release third quarter 2019 financial results on November 4, 2019, after the market closes. In conjunction with the earnings release, Shake Shack will host a conference call at 5:00 p.m. ET. Hosting the call will be Randy Garutti, Chief Executive Officer and Director, and Tara Comonte, President and Chief Financial Officer. The conference call can be accessed live over the phone by dialing (877) 407-0792, or for international callers by dialing (201) 689-8263. A replay of the call will be available until November 11, 2019 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13694176. The live audio webcast of the conference call will be accessible in the Events & Presentations section on the Company's Investor Relations website at investor.shakeshack.com . An archived replay of the webcast will also be available shortly after the live event has concluded. About Shake...