February 24, 2020
Shake Shack Announces Fourth Quarter and Fiscal Year 2019 Financial Results
- Fourth Quarter Total Revenue Grew 21.9% - - Fiscal 2019 Total Revenue Grew 29.4% - - Fiscal 2019 Same-Shack Sales Increased 1.3% - - System-wide Year-Over-Year Unit Growth of 32% - Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today reported financial results for the fourth quarter and the fiscal year ended December 25, 2019, periods that included 13 and 52 weeks, respectively. Financial Highlights for the Fourth Quarter 2019: Total revenue increased 21.9% to $151.4 million. Shack sales increased 20.8% to $145.8 million. Same-Shack sales decreased 3.6%. Licensed revenue increased 58.6% to $5.6 million. Shack system-wide sales increased 31.4% to $235.0 million. Operating income was $0.5 million, or 0.3% of total revenue, and Shack-level operating profit*, a non-GAAP measure, increased 9.4% to $29.7 million, or 20.4% of Shack sales. Net loss and net loss attributable to Shake Shack Inc. were $2.1 million, or $(0.06) per diluted share, respectively, primarily driven...
February 4, 2020
Shake Shack to Announce Fourth Quarter 2019 Financial Results on February 24, 2020
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release Fourth Quarter 2019 financial results on February 24, 2020, 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 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 March 2, 2020 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13698494. 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 Shack Shake Shack...
January 6, 2020
Shake Shack to Present at the 22nd Annual ICR Conference
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE:SHAK), today announced that the Company will be presenting at the 22 nd Annual ICR Conference at the JW Marriott Orlando Grande Lakes in Orlando, Florida on Tuesday, January 14, 2019. Presenting from the Company will be Randy Garutti, Chief Executive Officer and Tara Comonte, President & Chief Financial Officer. The presentation will begin at 8:30 a.m. Eastern Time. The presentation will be webcast live from the Company's Investor Relations website at http://investor.shakeshack.com on the Events & Presentations page. 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...