Shake Shack (SHAK) Tops Q4 EPS by 4c, Revenue Guidance Comes in Light
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Shake Shack Announces Fourth Quarter and Fiscal Year Ended 2017 Financial Results
February 15, 2018 4:05 PM ESTFourth Quarter Total Revenue Grew 31.2%
Fourth Quarter Same-Shack Sales Increased 0.8%
Fiscal 2017 Total Revenue Grew 33.6%
System-wide Year-Over-Year Unit Growth of 39.5%
NEW YORK--(BUSINESS WIRE)-- Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK), today reported financial results for the fourth quarter and the fiscal year ended December 27, 2017, periods that included 13 and 52 weeks, respectively.
Financial Highlights for the Fourth Quarter 2017:
Total revenue increased 31.2% to $96.1 million. Shack sales increased 31.3% to $93.1 million. Same-Shack sales increased 0.8%.... More