Shake Shack (NYSE: SHAK) reported Q4 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $51.1 million versus the consensus estimate of $50.44 million. Same-Shack sales increased 11.0%.

2016 Outlook

For the fiscal year ending December 28, 2016, the Company is providing the following financial outlook:

• Total revenue between $237 million and $242 million.
• Same-Shack sales growth between 2.5% and 3.0%.
• At least 13 new domestic company-operated Shacks to be opened in 2016 (of the previously stated guidance of 14 new domestic company-operated Shacks, one was opened on the last day of fiscal 2015), with these new Shacks expected to have average annual sales volumes of at least $3.3 million and Shack-level operating profit margins of at least 22%.
• Seven licensed Shacks to be opened under the Company's current license agreements in the U.K., Middle East and Japan, as well as a new licensed Shack in Las Vegas' T-Mobile Arena (of the previously stated guidance of eight international licensed Shacks, two opened ahead of schedule in December 2015).
• As a percentage of Shack sales, approximately 100 to 150 basis points of deleverage in labor and related expenses on a year-over-year basis.
• Adjusted pro forma effective tax rate between 43% and 44%.

(Street sees FY revenue of $240.72 million)

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