Shake Shack Announces Fourth Quarter and Fiscal Year Ended 2017 Financial Results
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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US:NYSE Investor Relations:
investor.shakeshack.com/investors-overview/overview/default.aspx
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Source: Business Wire
Fourth Quarter Total Revenue Grew 31.2% Fourth Quarter Same-Shack Sales Increased 0.8% Fiscal 2017 Total Revenue Grew 33.6% System-wide Year-Over-Year Unit Growth of 39.5% 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 27, 2017, periods that included 13 and 52 weeks, respectively. Financial Highlights for the Fourth Quarter 2017: Total revenue increased 31.2% to $96.1 million. Shack sales increased 31.3% to $93.1 million. Same-Shack sales increased 0.8%. Operating income increased 17.0% to $5.8 million, or 6.1% of total revenue. Shack-level operating profit*, a non-GAAP measure, increased 30.3% to $23.5 million, or 25.2% of Shack sales.
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News
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- Shake Shack Inc. (NYSE: SHAK) had its price target raised by analysts at Truist Financial Co. from $115.00 to $124.00. They now have a "buy" rating on the stock.MarketBeat
- Shake Shack Inc. (NYSE: SHAK) had its price target raised by analysts at Barclays PLC from $92.00 to $108.00. They now have an "equal weight" rating on the stock.MarketBeat
SHAK
Earnings
- 5/2/24 - Beat
SHAK
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- SHAK's page on the SEC website