January 12, 2021
Shake Shack Provides Fourth Quarter 2020 Business Update
- Average Weekly Sales and Same-Shack Sales Show Continued Recovery Through the Fourth Quarter - Digital Channels Remain Strong at Approximately 59% of Sales; Company-Owned Digital Channels More than Tripled Year-on-Year - 35-40 New Shack Openings Planned for 2021 with Unit Development Targeted to Accelerate to 45-50 Openings in 2022 Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced preliminary unaudited results for the fiscal fourth quarter and the fiscal year ended December 30, 2020 ahead of presenting at the 23 rd Annual ICR Conference today. “We are pleased to see trends in the fourth quarter 2020 continue to improve with Average Weekly Sales of $62,000 compared to $58,000 in the third quarter 2020, and $45,000 in the second quarter 2020. Also in the fourth quarter 2020, Same-Shack sales declined 17.4% compared to down 31.7% in the third quarter of 2020, and down 49.0% in the second quarter of 2020. Importantly, same-Shack sales at our suburban...
January 6, 2021
Shake Shack to Participate in January Virtual Investor Conferences
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that the Company will participate in the following virtual investor conferences in January: On Tuesday, January 12, 2021, the Company will be presenting at the 23rd Annual ICR Virtual Conference. The presentation will begin at 8:30 a.m. ET. On Tuesday, January 19, 2021, the Company will be hosting a fireside chat at the Jefferies 10th Annual Winter Restaurant, Foodservice, Gaming, Lodging & Leisure Virtual Summit. The presentation and fireside chat will 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. With its fresh, simple, high-quality food at a great value, Shake Shack is a...
November 25, 2020
Shake Shack to Participate in December Virtual Investor Conferences
Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that the Company will participate in the following virtual investor conferences in December: On Tuesday, December 1, 2020, the Company will be hosting a fireside chat at the Morgan Stanley Virtual Global Consumer & Retail Conference. The fireside chat will begin at 11:00 a.m. ET. On Wednesday, December 2, 2020, the Company will be hosting a fireside chat at the Barclays Virtual Eat, Sleep, Play Conference. The fireside chat will begin at 10:30 a.m. ET. The fireside chats will 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. With its fresh, simple, high-quality food at a great...