Shake Shack (SHAK) Tops Q1 EPS by 7c
Shake Shack (NYSE: SHAK) reported Q1 EPS of $0.04, $0.07 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $37.8 million versus the consensus estimate of $33.91 million.
Same-Shack sales increased 11.7%.
Shake Shack sees FY2015 revenue of $161-165 million, versus the consensus of $164.8 million.
More guidance:
- Same-Shack sales growth in the low to mid single digits.
- At least 10 new domestic company-operated Shacks to be opened throughout the year.
- At least five international licensed Shacks to be opened under the Company's current license agreements in the U.K. and Middle East.
For earnings history and earnings-related data on Shake Shack (SHAK) click here.
