Shake Shack (SHAK) Tops Q1 EPS by 2c, Guides
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Shake Shack Announces First Quarter 2017 Financial Results
May 4, 2017 4:06 PM EDT- First Quarter Total Revenue Grew 41.7% -
- Raises Total Revenue and Unit Count Growth Guidance for 2017 -
NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK), today reported its financial results for the first quarter ended March 29, 2017, a period that included 13 weeks.
Financial Highlights for the First Quarter 2017:
Total revenue increased 41.7% to $76.7 million. Shack sales increased 42.2% to $74.2 million. Same-Shack sales decreased 2.5%. Operating income increased 19.4% to $5.6 million.... More