May 3, 2018
Shake Shack Announces First Quarter 2018 Financial Results
- Total Revenue Grew 29.1% to $99.1 Million - - System-wide Year-Over-Year Unit Growth of 32% - - Same-Shack Sales Increased 1.7% - Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today reported its financial results for the first quarter ended March 28, 2018, a period that included 13 weeks. Financial Highlights for the First Quarter 2018: Total revenue increased 29.1% to $99.1 million. Shack sales increased 29.6% to $96.1 million. Same-Shack sales increased 1.7%. Operating income increased 15.7% to $6.5 million, or 6.6% of total revenue. Shack-level operating profit*, a non-GAAP measure, increased 28.5% to $24.0 million, or 25.0% of Shack sales. Net income increased 28.9% to $5.0 million and net income attributable to Shake Shack Inc. was $3.5 million, or $0.13 per diluted share. Adjusted EBITDA*, a non-GAAP measure, increased 32.8% to $16.2 million. Adjusted pro forma net income*, a non-GAAP measure, increased 54.0% to $5.7 million, or $0.15 per fully exchanged...
April 18, 2018
Shake Shack to Announce First Quarter 2018 Financial Results on May 3, 2018
Shake Shack Inc. (“ Shake Shack” or the “Company”) (NYSE:SHAK), today announced that it will report its first quarter 2018 financial results after the close of the financial markets on Thursday, May 3, 2018 . The announcement will be followed by a conference call at 5:00 p.m. EST . The conference call can be accessed live over the phone by dialing (800) 239-9838 or for international callers by dialing (323) 794-2551. 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 7153908. The replay will be available until May 10, 2018. 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 known...
February 27, 2018
Shake Shack to Present at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum
Shake Shack Inc. (“ Shake Shack” or the “Company”) (NYSE:SHAK) today announced that the Company will be presenting at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum at the Encore at Wynn Las Vegas on Thursday, March 8, 2018 . Presenting from the Company will be Randy Garutti , Chief Executive Officer and Tara Comonte, Chief Financial Officer. The presentation will begin at 8:40 a.m. Pacific Time . The presentation 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 and flat-top beef dogs (no added hormones and no antibiotics ever), 100% all-natural cage-free chicken (no antibiotics ever), spun-fresh frozen custard, crinkle cut fries, craft beer and wine (available at select locations) and more. With its fresh, simple, high-quality food at a great value, Shake Shack is a fun and...