Shake Shack (SHAK) Reports In-Line Q4 EPS
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Shake Shack Announces Fourth Quarter and Fiscal Year Ended 2016 Financial Results
March 1, 2017 4:05 PM ESTFourth Quarter Total Revenue Grew 43.5% and Same-Shack Sales Increased 1.6%
Fiscal 2016 Total Revenue Grew 40.9% and Same-Shack Sales Increased 4.2%
NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK), today reported financial results for the fourth quarter and the fiscal year ended December 28, 2016, periods that included 13 and 52 weeks, respectively.
Financial Highlights for the Fourth Quarter 2016:
Total revenue increased 43.5% to $73.3 million. Shack sales increased 43.8% to $70.9 million. Same-Shack sales increased 1.6%. Shack-level operating profit*, a non-GAAP measure, increased 29.9%... More