$SHAK (+2,57聽%) | Shake Shack Q3'24 Earnings Highlights:
馃敼 EPS: $0.25 (Est. $0.19) 馃煝
馃敼 Revenue: $316.9M (Est. $315.76M) 馃煝; UP +14.7% YoY
馃敼 Shack Sales: $304.9M
馃敼 Licensing Revenue: $12.0M
System-wide Performance:
馃敼 System-wide Sales: $495.1M; UP +12.8% YoY
馃敼 Same-Shack Sales: UP +4.4% YoY
Profitability Metrics:
馃敼 Operating Loss: -$18.0M vs. Operating Income of $5.7M YoY; Includes $29.1M in impairments, asset disposal losses, and Shack closures.
馃敼 Restaurant-level Profit: $64.2M (21.0% of Shack Sales)
馃敼 Adjusted EBITDA: $45.8M; UP +28.0% YoY
馃敼 Adjusted Pro Forma Net Income: $11.2M or EPS of $0.25
New Openings:
馃敼 8 new Company-operated Shacks (3 with drive-thrus)
馃敼 9 new licensed Shacks