August 5, 2019
Shake Shack Announces Second Quarter 2019 Financial Results
- Total Revenue Grew 31.3% to $152.7 Million - - Same-Shack Sales Increased 3.6% - - System-wide Year-Over-Year Unit Growth of 32% - Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today reported its financial results for the second quarter ended June 26, 2019, a period that included 13 weeks. Financial Highlights for the Second Quarter 2019 compared to the Second Quarter 2018: Total revenue increased 31.3% to $152.7 million. Shack sales increased 31.0% to $147.9 million. Same-Shack sales increased 3.6%. Licensed revenue increased 42.9% to $4.8 million. Shack system-wide sales increased 33.2% to $225.9 million. Operating income was $11.9 million, or 7.8% 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 $0.5 million, resulting in a decrease of 8.8%. Shack-level operating profit*, a non-GAAP measure, increased 13.7% to $36.2 million, or...
July 9, 2019
Shake Shack to Announce Second Quarter 2019 Financial Results on August 5, 2019
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that it will report its second quarter 2019 financial results after the close of the financial markets on Monday, August 5, 2019. The announcement will be followed by a conference call at 5:00 p.m. ET. The conference call can be accessed live over the phone by dialing (800) 289-0438 or for international callers by dialing (323) 794-2423. A replay will be available after the call and can be accessed by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 8322881. The replay will be available until August 12, 2019. The conference call will also be webcast live from the Company's Investor Relations website at http://investor.shakeshack.com on the Events & Presentations page. An archive of the webcast will be available at the same location on the website shortly after the call has concluded. ABOUT SHAKE SHACK: Shake Shack is a modern day “roadside” burger stand...
May 28, 2019
Shake Shack to Present at June Investor Conferences
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE:SHAK), today announced that the Company will be presenting at the following investor conferences in June: On Wednesday, June 5, 2019, the Company will be presenting at William Blair’s 39th Growth Stock Conference in Chicago, IL. The presentation will begin at 3:00 p.m. ET. The presentation will also be webcast live from the Company's Investor Relations website at http://investor.shakeshack.com. On Thursday, June 6, 2019, the Company will hold investor meetings at the 39th Annual Piper Jaffray Consumer Conference in New York, NY. 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. With its fresh, simple, high-quality food at a great value, Shake Shack is a fun and lively community gathering place with...