3Sem.ยท

$SHAK (+1,11ย %) | Shake Shack Q3'24 Earnings Highlights:


๐Ÿ”น EPS: $0.25 (Est. $0.19) ๐ŸŸข

๐Ÿ”น Revenue: $316.9M (Est. $315.76M) ๐ŸŸข; UP +14.7% YoY

๐Ÿ”น Shack Sales: $304.9M

๐Ÿ”น Licensing Revenue: $12.0M


System-wide Performance:

๐Ÿ”น System-wide Sales: $495.1M; UP +12.8% YoY

๐Ÿ”น Same-Shack Sales: UP +4.4% YoY


Profitability Metrics:

๐Ÿ”น Operating Loss: -$18.0M vs. Operating Income of $5.7M YoY; Includes $29.1M in impairments, asset disposal losses, and Shack closures.

๐Ÿ”น Restaurant-level Profit: $64.2M (21.0% of Shack Sales)

๐Ÿ”น Adjusted EBITDA: $45.8M; UP +28.0% YoY

๐Ÿ”น Adjusted Pro Forma Net Income: $11.2M or EPS of $0.25


New Openings:

๐Ÿ”น 8 new Company-operated Shacks (3 with drive-thrus)

๐Ÿ”น 9 new licensed Shacks

5
Participez ร  la conversation