Shake Shack (SHAK) Tops Q2 EPS by 2c, Sales Miss
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Shake Shack Announces Second Quarter 2022 Financial Results
August 4, 2022 7:00 AM EDTTotal revenue of $230.8 million, up 23.1% versus 2021, including $223.1 million of Shack sales and $7.7 million of Licensing revenue. System-wide sales of $351.7 million, up 24.8% versus 2021. Same-Shack sales up 10.1% versus 2021. Operating loss of $0.8 million. Shack-level operating profit(1) of $42.0 million, or 18.8% of Shack sales. Net loss of $1.3 million. Adjusted EBITDA(1) of $22.1 million. Net loss attributable to Shake Shack Inc. of $1.2 million, or a loss of $0.03 per share. Adjusted pro forma net income(1) of... More
