Shake Shack (SHAK) Reports In-Line Q4 EPS

Shake Shack (NYSE: SHAK) reported Q4 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $73.3 million versus the consensus estimate of $70.68 million.

• Total revenue increased 43.5% to $73.3 million.
• Shack sales increased 43.8% to $70.9 million.
• Same-Shack sales increased 1.6%.
• Shack-level operating profit*, a non-GAAP measure, increased 29.9% to $18.0 million, or 25.4% of Shack sales.
• Net income was $3.9 million, or $0.15 per diluted share.
• Adjusted EBITDA*, a non-GAAP measure, increased 31.6% to $11.4 million.
• Adjusted pro forma net income*, a non-GAAP measure, increased 11.6% to $3.3 million, or $0.09 per fully exchanged and diluted share.
• Nine net system-wide Shack openings, including six domestic company-operated Shacks and three net licensed Shacks.

For earnings history and earnings-related data on Shake Shack (SHAK) click here.

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