Shake Shack (SHAK) Reports In-Line Q3 EPS
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Shake Shack Announces Third Quarter 2022 Financial Results
November 3, 2022 7:00 AM EDTTotal revenue of $227.8 million, up 17.5% versus 2021, including $219.5 million of Shack sales and $8.3 million of Licensing revenue. System-wide sales of $353.2 million, up 18.3% versus 2021. Same-Shack sales up 6.3% versus 2021. Operating loss of $4.8 million. Shack-level operating profit(1) of $35.8 million, or 16.3% of Shack sales. Net loss of $2.3 million. Adjusted EBITDA(1) of $19.5 million. Net loss attributable to Shake Shack Inc. of $2.0 million, or a loss of $0.05 per share. Adjusted pro forma... More
