Shake Shack keeps growth plans on the plate [Seeking Alpha]
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: Seeking Alpha
Shake Shack keeps growth plans on the plateShake Shack (NYSE:SHAK) trades slightly higher after topping Q4 estimates.Same-shack sales increased 0.8% during the quarter vs. -0.9% consensus. 43 Shacks were in the comparable base, compared to 29 a year ago.Average weekly sales per store fell 5.6% to $85K.The company reported adjusted EBITDA rose 31% Y/Y to $14.9M.Shack level operating margin came in at 25.2% of sales during the quarter vs. 25.4% a year ago.CEO update: "Looking ahead, 2018 is shaping up to be another exciting year of growth with 32 to 35 new domestic company-operated Shacks, our biggest year of openings to date. We expect 16 to 18 net new licensed Shacks for the year, with a significant portion of our international growth targeted in Asia including our first Shack in Hong Kong."Shake Shack guides for full-year revenue of $444M-$448M vs. $457.2M consensus.Previously:Shake Shack beats by $0.04, beats on revenue(Feb. 15)SHAK+0.29% AH to $41.33.See all stocks on the move »Now
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News
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SHAK
Earnings
- 2/15/24 - Beat
SHAK
Sec Filings
- 4/17/24 - Form 8-K
- 4/8/24 - Form 4
- 4/4/24 - Form 144
- SHAK's page on the SEC website