Shake Shack (SHAK) Reports In-Line Q1 EPS; Raises Outlook
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Shake Shack Announces First Quarter 2019 Financial Results
May 2, 2019 4:05 PM EDT- Total Revenue Grew 33.8% to $132.6 Million -
- Same-Shack Sales Increased 3.6% -
- System-wide Year-Over-Year Unit Growth of 30% -
NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK) today reported its financial results for the first quarter ended March27, 2019, a period that included 13 weeks.
Financial Highlights for the First Quarter 2019 compared to the First Quarter 2018:
Total revenue increased 33.8% to $132.6 million. Shack sales increased 33.8% to $128.6 million. Same-Shack sales increased 3.6%.... More