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.

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