Shake Shack (SHAK) Tops Q4 EPS by 1c, Offers FY Outlook
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Shake Shack Announces Fourth Quarter and Fiscal Year Ended 2015 Financial Results
March 7, 2016 4:05 PM EST- Reports Fourth Quarter Same-Shack Sales of 11.0% and Reiterates Outlook for Fiscal 2016 -
NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK), today reported financial results for the fourth quarter and fiscal year ended December 30, 2015, periods that included 13 and 52 weeks, respectively.
Financial Highlights for the Fourth Quarter 2015:
Total revenue increased 46.8% to $51.1 million. Shack sales increased 49.2% to $49.3 million. Same-Shack sales increased 11.0%. Shack-level operating profit*, a non-GAAP measure, increased 88.1% to $13.9 million, or 28.2% of Shack sales.... More